Circle Launches Native USDC on HyperEVM With CCTP V2 Integration

Circle has announced the launch of native USD Coin (USDC) and CCTP V2 on HyperEVM, marking a major step in expanding stablecoin access across Hyperliquid’s high-performance ecosystem.

The rollout allows developers, traders, and institutions to leverage the world’s largest regulated stablecoin directly on HyperEVM. Backed 1:1 by U.S. dollars, USDC on HyperEVM is fully reserved, providing a trusted option for cross-chain liquidity.

Key benefits include:

• Institutional-grade on/off ramps via Circle Mint.
• Seamless integration for decentralized applications.
• Secure deposits from 14+ blockchains using CCTP V2.

Early Partners Join the Launch

Several protocols are already integrating USDC into HyperEVM on day one, including HyperBeat, Across Protocol, Felix Protocol, HyperDrive DeFi, HyperLend, Stargate Finance, and Wormhole.

This collaboration highlights how the ecosystem is positioning itself for wider adoption of regulated stablecoins, especially in cross-chain DeFi and trading use cases.

Read More:

$155M in Tokens Set to Flood Market: SEI, ARB, FTN Lead Unlocks

Next Steps: HyperEVM ↔ HyperCore

While this launch focuses on HyperEVM, Circle confirmed that the next phase will bring direct connectivity between HyperEVM and HyperCore, enabling seamless USDC deposits and withdrawals across spot and perpetual markets.

Importantly, USDC on HyperEVM is distinct from the USDC currently on HyperCore, meaning existing flows remain unaffected. For now, HyperCore deposits and withdrawals will continue routing through Arbitrum bridges.

With native USDC now live, Hyperliquid is positioning itself as a key player in multi-chain liquidity, aiming to simplify stablecoin use for both institutional and retail users.