‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment

Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year. Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine (EVM) integrated into Hyperliquid’s layer-1 blockchain. This move is expected to streamline the adoption of USDC and enhance its utility. Plans also include enabling direct deposits and ensuring CCTP interoperability for Hyperliquid USDC on HyperCore, a platform that specializes in on-chain financial operations source: https://www.newsbtc.com/crypto/its-hyperliquid-moment-circle-states-seizing-hypes-1500-surge-with-new-investment/