Coinbase moved deeper into Hyperliquid, taking the USDC deployer role, while HYPE jumped on the shift toward a more unified stablecoin setup.

Coinbase will become the official treasury deployer of USDC on Hyperliquid, the companies announced Thursday, ending the short run of USDH, the native stablecoin validators…

HYPE surges to a yearly high of $46.93 as Hyperliquid partners with Coinbase and Circle to integrate USDC.

Coinbase moved deeper into Hyperliquid, taking the USDC deployer role, while HYPE jumped on the shift toward a more unified stablecoin setup.

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.