Circle has officially launched native USDC and CCTP v2 on the Hyperliquid blockchain in July 2025, coinciding with a notable increase in AUM to $5.5 billion.
Success of the Launch on Hyperliquid
The launch of USDC and CCTP v2 on Hyperliquid represents a significant enhancement in cross-chain DeFi infrastructure. This event occurred alongside the rise of Hyperliquid's AUM to $5.5 billion in July 2025.
Growth of Hyperliquid's AUM
The increase in Hyperliquid's AUM indicates strong market acceptance. Community response has been generally positive, reflected by increased trading in HYPE and USDC. Institutional access to Circle Mint adds levels of compliance and convenience.
Circle's Innovations in DeFi
Previous integrations of Circle’s protocol in blockchains like Arbitrum catalyzed increased TVL and DeFi participation. Native asset adoption tends to stabilize cross-chain ecosystems, drawing comparisons to past successful initiatives.
The launch of USDC and CCTP v2 on Hyperliquid is a significant step in developing cross-chain DeFi infrastructure, enhancing liquidity and simplifying transactions for developers.
