Coinbase is now Hyperliquid’s official USDC treasury deployer as platform stablecoin supply reaches $5.4 billion in May 2026. Arc, Canton, and Tempo collectively raised over $1 billion, signaling strong institutional demand for private, compliance-ready blockchain rails. Institutional DeFi is splitting between private compliance networks upstream and high-velocity public liquidity venues like Hyperliquid downstream. Hyperliquid’s stablecoin … Continue reading Hyperliquid’s $5.4B USDC Supply Just Got a Major Coinbase Upgrade