Hyperliquid Taps Coinbase for USDC, HYPE Rises

TLDR HYPE rose 5% to $41 after Coinbase became Hyperliquid’s official USDC treasury deployer. Coinbase will integrate USDC into Hyperliquid through its Aligned Quote Asset framework. Native Markets agreed to grant Coinbase the right to purchase USDH brand assets. Users can redeem USDH for USDC or fiat without fees during the migration period. Coinbase will [...]

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