Circle Launches Native USDC and CCTP V2 on Hyperliquid as Platform

Описание: Circle

Circle USDC

Stablecoin

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Tanzeel Akhtar

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Tanzeel Akhtar

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Tanzeel Akhtar is a seasoned journalist who has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal,...

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July 31, 2025

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Circle Internet Group, Inc. (NYSE: CRCL) has announced that its native USDC and Cross-Chain Transfer Protocol (CCTP) V2 will soon launch on Hyperliquid, a trading platform designed for decentralized finance.

In a blog post, the firm reports a surge in Hyperliquid’s total assets under management (AUM), which recently topped $5.5 billion, up from under $4 billion earlier this month.

USDC and CCTP V2 Go Live on Hyperliquid.

According to Circle, USDC will be deployed on HyperEVM, Hyperliquid’s general-purpose smart contract layer. This update will allow USDC deposits across both HyperCore—the protocol’s core infrastructure—and any application built on HyperEVM.

CCTP V2 will also allow users to move USDC between Hyperliquid and other supported blockchains with full capital efficiency. Circle stressed the benefits of the deployment: USDC issued on Hyperliquid will remain a fully reserved, regulated digital dollar, redeemable 1:1 with U.S. dollars. It will also support institutional-grade on/off-ramps like Circle Mint for eligible users.

Hyperliquid Captures USDC Market Share.

The integration comes...

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