Circle’s Strategic USDC Integration with Hyperliquid Signals Major DeFi Expansion

USDC News - Circle has made a strategic investment in Hyperliquid's ecosystem by acquiring HYPE tokens and enabling native USDC support on its HyperEVM network. The integration, featuring Circle's Cross-Chain Transfer Protocol v2, facilitates seamless multi-chain transfers. With $6 billion in USDC reserves already on the platform, this move strengthens Circle's position in decentralized derivatives trading. Hyperliquid, processing $150 billion in monthly volume, recently selected Native Markets to issue its USDH stablecoin following a competitive bidding process. Circle is now evaluating validator participation, indicating deeper collaboration ahead. This partnership combines Hyperliquid's derivatives dominance with Circle's regulatory-compliant stablecoin infrastructure.