Hyperliquid will soon introduce native USDC and CCTP V2 to its platform in collaboration with Circle. The update aims to boost liquidity, improve user experience, and support app developers. Hyperliquid operates a blockchain built for decentralized finance. It combines two key systems—HyperCore and HyperEVM.
HyperCore powers the platform’s trading features. HyperEVM supports general smart contracts. Together, they create a full-stack environment for DeFi growth. With native USDC going live on HyperEVM, users will deposit USDC directly into HyperCore.
Circle Mint opens the gateway for large organizations
They can also interact with any HyperEVM-based application. This version of USDC comes with clear benefits. It maintains a stable value, is fully backed, and links to the U.S. dollar. Users will also gain access to Circle Mint, a key gateway for large institutions.
That will enable fast deposits, redemptions, and movement between networks. Developers will also gain new tools through CCTP V2. This upgrade will help them build smoother cross-chain apps. These apps will support use cases like onboarding, trading, treasury management, and asset transfers.
Users will benefit from high efficiency and fewer steps when moving funds. CCTP V2 will also allow capital to shift between supported chains without delay or loss. Hyperliquid will use native USDC for several purposes. In trading, USDC will act as both a collateral asset and a pricing unit.
Hyperliquid adds native USDC and CCTP V2
Traders can use it for perpetual contracts and spot markets. Developers will also rely on it. They will build financial apps that use USDC for fast settlement and stable value transfers. These apps will support payments, lending, and more. This launch reflects a larger push toward real-world finance in crypto systems.
Hyperliquid plans to help developers create apps that feel familiar but work without middlemen. The addition of native USDC and CCTP V2 will mark a big step toward that goal. Hyperliquid will share the mainnet and testnet addresses for the new USDC token soon.
Until then, users and builders can prepare by learning more and joining the community. Hyperliquid expects strong adoption of these tools across its network. The team will release more updates over the coming weeks.
