Circle to Launch Native USDC and CCTP V2 on Hyperliquid as USDH Bids Roll In

CN
10 hours ago

Circle disclosed that native USDC and CCTP V2 will launch on HyperEVM, enabling USDC deposits into HyperCore and access for any HyperEVM application. Hyperliquid is essentially a high-performance blockchain built for decentralized finance (DeFi), combining Hypercore’s onchain order book and risk engine with HyperEVM for general-purpose smart contracts.

According to Circle, native USDC on Hyperliquid will offer a fully reserved digital dollar redeemable 1:1 for U.S. dollars. USDC is issued by regulated affiliates of Circle, and Circle Mint—available to institutions—provides on- and off-ramps for eligible users. Circle said it will redeem USDC in compliance with MiCAR and noted that Circle Mint remains institution-only.

CCTP V2 is designed to let users move native USDC securely between Hyperliquid and supported blockchains with 1:1 capital efficiency, removing the need for wrapped assets. Circle said developers can use CCTP V2 to power cross-chain onboarding, swaps, purchases, and treasury rebalancing while maintaining a simplified user experience.

For Hyperliquid’s trading stack, native USDC is positioned as collateral for perpetuals and as a quote asset for spot pairs. Circle added that builders can integrate USDC into HyperEVM apps for fast settlement and straightforward cross-chain transfers.

Circle co-founder and CEO Jeremy Allaire framed the push as a major entry into the ecosystem. “Don’t Believe the Hype … We are coming to the HYPE ecosystem in a big way. We intend to be a major player and contributor to the ecosystem. … Hyper fast native USDC with deep and nearly instant cross chain interoperability will be well received.”

Circle listed “Coming Soon” for mainnet and testnet addresses and said additional launch details will follow. The announcement arrives as Hyperliquid evaluates third-party infrastructure proposals for a separate stablecoin effort, USDH, from Agora, Paxos, and Frax.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

抢占9月机遇!送$20比特币,立享红包!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink