Circle Announces Native USDC and CCTP V2 Integration on Hyperliquid

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The Hyperliquid ecosystem is set to expand its onchain financial capabilities with the upcoming launch of native USDC and Cross-Chain Transfer Protocol (CCTP) V2.

The upgrade will bring powerful infrastructure enhancements to Hyperliquid’s dual-layer architecture—HyperCore, which powers its native order book DEX, and HyperEVM, which supports smart contracts and app development.

Native USDC, issued by Circle, will be deployed directly on HyperEVM, enabling users and developers to interact with a regulated, fully reserved digital dollar across the ecosystem. With this integration, users can deposit USDC directly into HyperCore for trading or utilize it in HyperEVM-based apps for stable settlement and liquidity access.

Key advantages of native USDC on Hyperliquid include:

  • Direct USDC deposits into HyperCore for trading
  • 1:1 redemption with U.S. dollars for eligible Circle Mint clients
  • Institutional on/offramps and regulatory alignment via Circle

The simultaneous rollout of CCTP V2 will further extend Hyperliquid’s functionality by allowing secure, capital-efficient transfers of native USDC between Hyperliquid and other supported blockchains. Developers will be able to create intuitive crosschain experiences—from onboarding and treasury operations to decentralized payments and multi-chain swaps.

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Use cases include:

  • Perpetual and spot trading with USDC as quote or collateral asset
  • Financial app development with stable-value settlement and native liquidity
  • Seamless crosschain flows without wrapped tokens or bridges

Both the mainnet and testnet contract addresses will be shared soon. As Hyperliquid continues to grow, this integration marks a pivotal step in strengthening the foundation for scalable, stable, and composable DeFi infrastructure.

Stay tuned for launch announcements and technical documentation. Join the Hyperliquid community on Discord for updates and integration support.

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
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