Native USDC & CCTP V2 on Hyperliquid: Circle is launching native $USDC and Cross-Chain Transfer Protocol V2 on Hyperliquid soon. This allows fast, secure USDC transfers and cross-chain DeFi apps, plus easy access to a digital dollar.
- USDC Supply Growth: The supply of USDC on Hyperliquid surged to 4.9 billion, doubling since the start of 2025 as DeFi derivatives trading boomed. Hyperliquid processed over $150 billion in volume in July.
- New Trading Pairs: Binance added multiple new USDC spot and altcoin pairs (e.g., AXS/USDC, COMP/USDC, XAI/USDC, FUN/USDC, CVX/USDC, LISTA/USDC) through July, boosting liquidity and user choice. Trading bots and advanced tools were also made available for these pairs.
- Perpetual Contracts: Bybit listed 8 new USDC perpetual contracts, expanding futures trading choices for $USDC holders.
- Regulatory Progress: The U.S. Congress passed the #GENIUS Act to officially regulate stablecoins, and the IRS granted more time for digital asset tax compliance.
#Stablecoin Market Growth: Stablecoin market cap (including USDC) hit $252–268 billion by late July, showing rising trust and adoption. #Stablecoins #USDC #CryptoUpdates #Altcoins! $USDC