Circle Expands Into Hyperliquid With HYPE Investment and Native USDC Launch
The post Circle Expands Into Hyperliquid With HYPE Investment and Native USDC Launch appeared on BitcoinEthereumNews.com. AltcoinsBlockchain 16 September 2025 | 20:35 Circle has stepped directly into the Hyperliquid ecosystem, announcing both an investment in the HYPE token and the rollout of native USDC on HyperEVM. The move comes just as Hyperliquid prepares to debut its own stablecoin, USDH — a project that could become a direct rival to USDC on the network. With the launch, Circle has introduced native USDC and CCTPv2 support to HyperEVM, removing the need for users to bridge tokens from Arbitrum as they previously did. The firm also revealed plans to expand interoperability through HyperCore in the weeks ahead, while hinting it could eventually join as a validator. A Strategic Bet on HYPE Beyond stablecoin deployment, Circle confirmed that it has taken its first position in HYPE, the token powering Hyperliquid. The company described the HyperEVM developer community as one of the most dynamic in the crypto industry, emphasizing its commitment to supporting builders through new programs. Market reaction to the news was mixed. HYPE slipped back to around $53 in daily trading, though it remains up more than 5% on the week. Analysts see the upcoming USDH launch as the next catalyst, with some forecasts pointing to a possible rise toward the $72 level. Industry Voices Weigh In VanEck’s Matthew Sigel called Circle’s entry a “major milestone,” arguing it validates HyperEVM as an independent Layer 1 network. Traders, however, offered a more cautious view. One analyst warned that Circle may be trying to protect the roughly $5.3 billion USDC already circulating on Hyperliquid, which could shift toward USDH once the native coin goes live. Others see the development as a bullish turning point. Commentator Pajke suggested Circle’s support could mark the “tipping point” for HYPE’s climb toward triple digits, pointing to the community’s overwhelming participation in the recent USDH governance…
The post Circle Expands Into Hyperliquid With HYPE Investment and Native USDC Launch appeared on BitcoinEthereumNews.com.
AltcoinsBlockchain 16 September 2025 | 20:35 Circle has stepped directly into the Hyperliquid ecosystem, announcing both an investment in the HYPE token and the rollout of native USDC on HyperEVM. The move comes just as Hyperliquid prepares to debut its own stablecoin, USDH — a project that could become a direct rival to USDC on the network. With the launch, Circle has introduced native USDC and CCTPv2 support to HyperEVM, removing the need for users to bridge tokens from Arbitrum as they previously did. The firm also revealed plans to expand interoperability through HyperCore in the weeks ahead, while hinting it could eventually join as a validator. A Strategic Bet on HYPE Beyond stablecoin deployment, Circle confirmed that it has taken its first position in HYPE, the token powering Hyperliquid. The company described the HyperEVM developer community as one of the most dynamic in the crypto industry, emphasizing its commitment to supporting builders through new programs. Market reaction to the news was mixed. HYPE slipped back to around $53 in daily trading, though it remains up more than 5% on the week. Analysts see the upcoming USDH launch as the next catalyst, with some forecasts pointing to a possible rise toward the $72 level. Industry Voices Weigh In VanEck’s Matthew Sigel called Circle’s entry a “major milestone,” arguing it validates HyperEVM as an independent Layer 1 network. Traders, however, offered a more cautious view. One analyst warned that Circle may be trying to protect the roughly $5.3 billion USDC already circulating on Hyperliquid, which could shift toward USDH once the native coin goes live. Others see the development as a bullish turning point. Commentator Pajke suggested Circle’s support could mark the “tipping point” for HYPE’s climb toward triple digits, pointing to the community’s overwhelming participation in the recent USDH governance…
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