Hyperliquid’s USDC Upgrade Could Reshape On-chain Trading

Coinbase is now Hyperliquid’s official USDC treasury deployer, replacing USDH as the platform’s primary stablecoin asset. USDC on Hyperliquid has reached roughly $5 billion, doubling year-over-year as on-chain trading demand continues to grow. USDH markets will sunset gradually, with feeless conversions to USDC and fiat redemptions available throughout the transition. Hyperliquid’s integration with Coinbase as … Continue reading Hyperliquid’s USDC Upgrade Could Reshape On-chain Trading