Circle’s Native USDC and CCTP V2 Launch on Hyperliquid to Boost DeFi Liquidity and Cross-Chain Efficiency

Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) V2 are launching on Hyperliquid, a high-performance blockchain designed for decentralized finance. This integration streamlines the movement and utility of USDC, a regulated stablecoin pegged 1:1 to the U.S. dollar, directly on Hyperliquid’s network and across connected blockchains.

The introduction of native USDC allows users to deposit directly into Hyperliquid’s trading layer, HyperCore, eliminating intermediary steps. Institutions can access Circle Mint for large-scale on/off-ramps, while retail liquidity pools expand for DeFi, perpetual trading, and payments. CCTP V2 further reduces friction in cross-chain transfers, though technical specifics remain undisclosed.

Hyperliquid’s adoption of these standards highlights growing institutional demand for compliant, interoperable stablecoin infrastructure. This development could drive broader DeFi activity as USDC’s dominance in regulated markets meets Hyperliquid’s low-latency trading environment.