Circle Boosts USDC Liquidity with Hyperliquid Integration as Platform Hits $5.5B AUM

Circle Internet Financial has announced the upcoming launch of native USDC and its Cross-Chain Transfer Protocol (CCTP) V2 on Hyperliquid, a decentralized trading platform that recently surpassed $5.5 billion in assets under management. This strategic integration expands USDC's liquidity within Hyperliquid's ecosystem, reinforcing its position as a leading regulated stablecoin.

The deployment will enable USDC deposits across HyperCore and applications built on HyperEVM, while CCTP V2 ensures seamless cross-chain transfers. Circle highlights USDC's 1:1 redeemability and institutional-grade on/off-ramps via Circle Mint, underscoring its compliance as a digital dollar solution.

Hyperliquid's rapid AUM growth—from under $4 billion to $5.5 billion in weeks—reflects accelerating institutional adoption of decentralized trading infrastructure. The USDC integration could further solidify Hyperliquid's market share in the competitive stablecoin landscape.