Coinbase (COIN) backs Hyperliquid (HYPE) stablecoin push as DeFi trading volumes climb

May 14, 2026 - 13:45
Coinbase (COIN) backs Hyperliquid (HYPE) stablecoin push as DeFi trading volumes climb
Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of crypto’s fastest-growing trading networks, by becoming the official treasury deployer of USDC on the blockchain, the companies announced Thursday. The move gives Coinbase a central role in managing USDC liquidity on Hyperliquid through the network’s Aligned Quote Asset, or AQA, framework. The system connects...

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