#Hyperliquid

Trade hype now . . . bullish trends❤❤❤❤❤$HYPE

𝘾𝙞𝙧𝙘𝙡𝙚 𝙏𝙤 𝙇𝙖𝙪𝙣𝙘𝙝 𝙉𝙖𝙩𝙞𝙫𝙚 𝙐𝙎𝘿𝘾 𝙊𝙣 𝙃𝙮𝙥𝙚𝙧𝙡𝙞𝙦𝙪𝙞𝙙, 𝙃𝙔𝙋𝙀 𝙎𝙪𝙧𝙜𝙚𝙨 3%

Circle’s USDC is headed to Hyperliquid in an integration poised to streamline stablecoin transfers across several chains. Both entities have recorded meteoric growth metrics over the last month, with Hyperliquid’s AUM surging to $5.5 billion in July.

According to a blog post by stablecoin issuer

Circle, its native USDC will make its debut on

Hyperliquid in the near term. Circle revealed that the integration will lean on its Cross-Chain Transfer Protocol (CCTP v2), allowing native USDC to move securely across multiple blockchains.

Per the arrangement, Hyperliquid users will not require wrapped tokens or custodial bridges to move native USDC. With Circle’s CCTP v2, developers will be able to build apps for cross-chain onboarding, swaps, and treasury rebalancing, among other use cases.

Amid the announcement of the imminent launch of USDC on Hyperliquid, it is worth mentioning that the network is already capturing 70% of USDC on Arbitrum.

Hyperliquid has been a beehive of activity over the last month, hitting a $10.6 billion open interest as HYPE set an ATH. The decentralized exchange recently expanded to the Solana ecosystem with a Phantom partnership to enable in-wallet leveraged crypto trading.