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Circle strongly promotes USDC pegged to Hyperliquid ecosystem: officially announced as the technology deployment partner, USDC becomes the aligned quote asset.
ME News Report, May 14 (UTC+8), USDC issuer Circle announced deepening its partnership with Hyperliquid, becoming the technical deployment partner for USDC on Hyperliquid and positioning USDC as an aligned quote asset. Hyperliquid, as a high-performance on-chain trading platform, is expanding from perpetual contracts to outcome-based markets through HIP-4. USDC will continue to serve as the primary collateral and quote asset to support liquidity, collateral management, and cross-chain capital flows. Circle provides reliable infrastructure for minting, redemption, and cross-chain transfers, enhancing USDC’s core role in new markets. Additionally, Circle announced increased financial investment in the Hyperliquid ecosystem, pledging an additional 500k HYPE tokens after its initial purchase of HYPE tokens in September 2025, further strengthening mutual interests and moving toward becoming a validator. (Source: MLion)