The move also activated AQAv2 through two addresses, expanding Coinbase’s on-chain role in Hyperliquid’s stablecoin infrastructure, Odaily reported.
Coinbase said on X that it has officially become the deployer of the Hyperliquid USDC treasury wallet and has activated AQAv2 through two addresses. The change means Coinbase will take over deployment and related on-chain operations for the USDC treasury wallet in the Hyperliquid ecosystem, a step that signals deeper cooperation between the two sides on stablecoin infrastructure.