News Explorer — Coinbase Strengthens USDC Liquidity Management on Hyperliquid, Expanding Stablecoin Usage Beyond Ethereum

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May 14, 12:13 pm

Coindesk

Coinbase Strengthens USDC Liquidity Management on Hyperliquid, Expanding Stablecoin Usage Beyond Ethereum

Coinbase is expanding its role on Hyperliquid by managing USDC liquidity through the Aligned Quote Asset framework. The deal allows Coinbase to purchase USDH brand assets and marks a step in expanding USDC usage beyond Ethereum and centralized exchanges.

Coinbase is expanding its role on Hyperliquid by managing USDC liquidity through the Aligned Quote Asset framework. The deal allows Coinbase to purchase USDH brand assets and marks a step in expanding USDC usage beyond Ethereum and centralized exchanges.

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