Circle Expands Partnership with Hyperliquid for USDC Deployment

Circle, the issuer of USDC, has announced an expansion of its partnership with Hyperliquid, according to ChainCatcher. Circle will serve as the technical deployment partner for USDC on Hyperliquid, positioning USDC as an Aligned Quote Asset. Hyperliquid, known for its high-performance on-chain trading platform, is expanding from perpetual contracts to outcome-based markets. USDC will continue to be a primary collateral and quote asset, supporting liquidity, collateral management, and cross-chain capital flows. Circle is responsible for providing reliable minting, redemption, and cross-chain transfer infrastructure, allowing USDC to play a more central role in new markets. Additionally, Circle has increased its financial investment in the Hyperliquid ecosystem. Following its initial purchase of HYPE tokens in September 2025, Circle has pledged an additional 500,000 HYPE tokens, further aligning the interests of both parties and moving towards becoming a validator.