Circle Becomes Technical Deployer for USDC on Hyperliquid, Stakes 500K HYPE

HYPE6.83%

According to ChainCatcher, Circle has been appointed the technical deployer for USDC on Hyperliquid, positioning USDC as the aligned quote asset for the high-performance on-chain trading platform. Circle will provide minting, redemption, and cross-chain transfer infrastructure to support liquidity, collateral management, and cross-chain capital flows.

Circle also announced increased financial commitment to the Hyperliquid ecosystem by staking an additional 500,000 HYPE tokens, deepening ties between the two projects and moving toward becoming a validator.

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