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via CoinDesk · By CoinDesk Staff
Coinbase (COIN) backs Hyperliquid (HYPE) stablecoin push as DeFi trading volumes climb
HYPE
HYPE/USDT
$57.621
+1.07%
$57.621
+1.07%
(24s)24h Volume
$241,180,503.29
24h H/L
$58.06 / $56.77
Change: $1.29 (2.27%)
Funding Rate
+0.0051%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:13 PM UTC)
1 min read
Coinbase will manage USDC liquidity on Hyperliquid, deepening ties with one of crypto’s fastest-growing trading platforms.
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…
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