Institutional DeFi Bifurcates as Private Networks Raise $1B and Hyperliquid Stablecoin Supply Hits $5.4B

TLDR: Arc, Canton, and Tempo collectively raised $1.022B, pushing combined valuations to nearly $10B this week. Coinbase became Hyperliquid’s official USDC treasury deployer under the network’s Aligned Quote Asset framework. Hyperliquid stablecoin supply reached $5.43B as of May 14, 2026, reflecting a 14% increase over 90 days. The Genius Act of 2025 opened a clearer [...]

The post Institutional DeFi Bifurcates as Private Networks Raise $1B and Hyperliquid Stablecoin Supply Hits $5.4B appeared first on Blockonomi.