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Circle Expands USDC Dominance with Hyperliquid Integration as AUM Hits $5.5B
Circle Expands USDC Dominance with Hyperliquid Integration as AUM Hits $5.5B
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USDC News -
Circle has strategically selected Hyperliquid for native USDC deployment, timed with the chain's assets under management surging to $5.5 billion. The integration features Cross-Chain Transfer Protocol V2, allowing direct USDC minting and redemption via Circle Mint on Hyperliquid's HyperEVM layer.
This MOVE follows $1.2 billion in USDC inflows over the past month, solidifying Hyperliquid's role in on-chain derivatives with $150 billion in processed volume. Native issuance removes bridge risks and speeds up settlement, positioning Circle at the heart of Hyperliquid's growing DeFi ecosystem.
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