Coinbase takes over USDC treasury role on Hyperliquid as USDH stablecoin heads for sunset

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Coinbase's enhanced role in Hyperliquid aims to unify liquidity while USDH users transition to USDC.

Coinbase is deepening its involvement with Hyperliquid by taking over as the official treasury deployer for USDC on the network, a move targeting expanding stablecoin infrastructure for onchain financial markets, according to a Thursday announcement.

Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC.

Coinbase takes over USDC treasury role on Hyperliquid as USDH stablecoin heads for sunset

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