USDC News: Circle Sends Record $4.4B to Coinbase Wallet

TLDR: USDC news is in focus after Circle moved 4.397 billion USDC to a Coinbase-linked wallet through HyperEVM. The record transfer appears to be tied to Coinbase’s treasury role on Hyperliquid rather than to immediate market selling. Hyperliquid’s reliance on USDC shows how stablecoins are becoming central to on-chain trading and settlement. Traders are watching [...]

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