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USDC Issuer Circle Takes Stake in Hyperliquid with First HYPE Token Investments 

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Circle, the issuer of USD Coin (USDC), has expanded its presence in decentralized finance by investing instantly in Hyperliquid’s ecosystem, marking its first stake in HYPE tokens.

The transfer comes alongside the official launch of native USDC and the Cross-Chain Transfer Protocol (CCTP) V2 on Hyperliquid, positioning the stablecoin on the heart of one in every of DeFi’s fastest-growing platforms.

Circle Boosts USDC Liquidity on Hyperliquid, Eyes Validator Role

According to Circle, USDC will probably be deployed on HyperEVM, Hyperliquid’s good contract layer, permitting deposits throughout HyperCore and any software constructed on the community.

The rollout may also carry CCTP V2 interoperability, permitting customers to maneuver USDC between Hyperliquid and different supported blockchains with full capital effectivity.

In July, Circle announced that its native USDC and Cross-Chain Transfer Protocol (CCTP) V2 would quickly launch on Hyperliquid, a buying and selling platform designed for decentralized finance.

Circle emphasised that USDC issued on Hyperliquid will stay totally reserved and redeemable 1:1 for U.S. {dollars}, whereas additionally benefiting from institutional on- and off-ramps like Circle Mint.

The integration got here at a time when Hyperliquid emerged as a number one hub for stablecoin liquidity. The platform’s belongings beneath administration (AUM) not too long ago surpassed $5.5 billion, up from beneath $4 billion earlier in July.

Circle attributed $1.2 billion of that development to contemporary USDC inflows, exhibiting the stablecoin’s growing position in Hyperliquid’s buying and selling atmosphere.

Hyperliquid has additionally captured 70% of USDC’s liquidity share on Arbitrum, indicating the platform’s rising dominance in stablecoin buying and selling.

Circle stated its new place as a HYPE token holder is a part of a broader plan to have interaction with Hyperliquid’s builder group, together with help for HIP-3 and HyperEVM builders.

The firm additionally famous that it’s evaluating the potential of turning into a Hyperliquid validator, additional strengthening its position in the ecosystem.

For merchants and builders, the addition of native USDC is anticipated to develop use instances throughout the platform.

USDC can now be used as collateral for perpetual contracts, function the quote asset for spot pairs, or be built-in into HyperEVM functions similar to treasury administration instruments, cost techniques, and different monetary merchandise.

CCTP V2’s interoperability may also enable capital-efficient onboarding, token swaps, and portfolio rebalancing throughout chains.

Circle Calls Hyperliquid ‘One of Crypto’s Most Impressive Communities’

Circle identified that the mixing builds on practically eight years of labor to ascertain USDC as a world digital greenback customary.

Since launch, USDC has supported practically $40 trillion in on-chain transactions, with over $1 trillion minted and redeemed up to now.

Circle additionally pointed to its regulated infrastructure and banking relationships throughout main markets, together with the U.S., the UK, the EU, Singapore, Hong Kong, Brazil, Japan, and shortly the UAE, because the spine of USDC’s main liquidity.

The growth into Hyperliquid comes because the decentralized alternate continues to publish file numbers.

In August, Hyperliquid generated $106 million in revenue from perpetual futures buying and selling, a 23% enhance from July’s $86.6 million.

According to data from DefiLlama, the platform additionally processed $383 billion in month-to-month buying and selling quantity on the time, with annualized income reaching $1.25 billion.

Circle described Hyperliquid as probably the most spectacular communities in crypto, exhibiting its choice to take a position instantly and supply deeper help.

With USDC now embedded into Hyperliquid’s core infrastructure, each corporations see the transfer as a step towards scaling stablecoin adoption throughout decentralized finance.

Stablecoin Market Approaches $300B Amid Record Growth and Fragmentation

Stablecoins have turn into one of many defining crypto tendencies of 2025, gaining traction because the Trump administration pushes to advertise them by way of measures such as the GENIUS Act, handed in July, supposed to strengthen the U.S. greenback.

The sector, which surpassed $200 billion in late 2024, is now nearing a $300 billion market capitalization, although estimates fluctuate.

CoinMarketCap not too long ago reported $300 billion, whereas CoinGecko positioned the figure at $291 billion and DeFiLlama at $289 billion, reflecting variations in monitoring methodologies.

July marked a significant milestone, with whole stablecoin capitalization hitting an all-time high of $261 billion, extending a 22-month development streak.

Trading volumes additionally surged, with centralized alternate stablecoin pairs recording $1.6 trillion in July. Tether (USDT) retained its lead, climbing 3.6% to $164 billion, although its dominance dipped barely.

USD Coin (USDC) rose 3.8% to $63.6 billion, whereas Ethena’s USDe surged 43.5% to $7.6 billion regardless of falling staking yields.

Falcon Finance’s USDf posted the sharpest positive aspects, up 121% to $1.07 billion, whereas BlackRock’s BUIDL and First Digital Labs’ FDUSD recorded steep declines.

New knowledge from Bridge reveals that stablecoin transactions exceeded $2.5 trillion in recent months, whereas Chainalysis discovered that USDT persistently processed over $1 trillion per thirty days from mid-2024 to mid-2025.

In addition, USDC dealt with as much as $3.3 trillion throughout peak months, exhibiting its rising position in regulated corridors.

Analysts notice that whereas USDT dominates rising markets as digital money, USDC and smaller stablecoins similar to EURC and PYUSD are gaining floor, pointing to a extra fragmented however quickly increasing sector.

The publish USDC Issuer Circle Takes Stake in Hyperliquid with First HYPE Token Investments  appeared first on Cryptonews.

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