Circle's integration of native USDC and CCTP V2 on Hyperliquid enhances liquidity and expands DeFi use cases, with the platform's AUM surpassing $5.5 billion.
Circle is set to launch its native USDC and Cross-Chain Transfer Protocol (CCTP) version 2 on Hyperliquid, facilitating seamless transfers and expanding DeFi applications. The integration will provide a regulated digital dollar redeemable 1:1 for USD, with CCTP V2 enabling efficient capital transfers between Hyperliquid and other blockchains. Hyperliquid currently captures 70% of USDC volume on Arbitrum, reflecting its growing dominance in the DeFi space.