Native USDC & CCTP V2 are Coming to Hyperliquid: What You Need to Know
Blog post from Circle
Circle Internet Financial has announced that native USDC and CCTP V2 will soon be integrated into Hyperliquid, a high-performance blockchain designed for decentralized finance. Hyperliquid combines HyperCore, featuring an order book decentralized exchange (DEX), with HyperEVM for accessing deep liquidity through smart contracts. The introduction of native USDC will facilitate regulated and fully reserved digital dollar transactions redeemable 1:1 for US dollars, offering institutional on/offramps like Circle Mint for eligible users and easy integration into HyperEVM applications. CCTP V2 will enable developers to allow secure movement of native USDC between Hyperliquid and supported blockchains with capital efficiency, supporting a range of use cases such as perpetuals, spot trading, and financial app development. Native USDC will act as a foundational element within the Hyperliquid ecosystem, enhancing crosschain transfers, treasury rebalancing, and providing a stable digital dollar for fast settlements.
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