BlockBeats News, May 14th, USDC issuer Circle announced a further deepening of its partnership with Hyperliquid, becoming the technical deployment partner for USDC on Hyperliquid and positioning USDC as an Aligned Quote Asset. Hyperliquid, as a high-performance on-chain trading platform, is expanding from perpetual contracts to outcome markets through HIP-4. USDC will continue to serve as the primary collateral and quote asset to support liquidity, collateral management, and cross-chain capital flow. Circle is responsible for providing reliable minting, redemption, and cross-chain transfer infrastructure to empower USDC to play a more central role in the new market.
Circle also announced an increased financial commitment to the Hyperliquid ecosystem: following the initial purchase of HYPE tokens in September 2025, Circle has once again staked 500,000 HYPE tokens to further align interests and move towards becoming a validator.
