BREAKING: Circle’s USDC Goes Native on Hyperliquid DEX—Stablecoin Wars Heat Up
Hyperliquid just leveled up. Circle’s USDC—the $28B stablecoin giant—is going native on the perpetuals-focused DEX, cutting out middlemen and slashing fees. Traders win; banks lose. Again.
Why it matters: Native integration means direct on-chain settlements—no clunky bridges, no wrapped token nonsense. Hyperliquid users get instant liquidity with the industry’s most regulated stablecoin. Meanwhile, traditional finance still struggles with 3-day ACH transfers.
The cynical take: Another brick in DeFi’s wall against legacy finance. Watch banks counter with ‘blockchain innovation’ PowerPoints while charging $35 overdraft fees.