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Coinbase expands USDC use on Hyperliquid, boosting decentralized trading liquidity.

Market News
14 May 2026
Benzinga
View Source
Bullish
pluang ai news

Coinbase announced it is expanding support for the USDC stablecoin on Hyperliquid, a fast-growing decentralized perpetual trading platform. By becoming the official treasury deployer of USDC as an "Aligned Quote Asset" (AQA), Coinbase aims to improve market efficiency and enable faster capital movement across trading venues. This move strengthens USDC's role as a core liquidity layer in decentralized trading and supports the broader vision of 24/7 on-chain capital markets. Hyperliquid has seen rising demand for on-chain leverage trading, and USDC has already become the leading stablecoin on the platform since its 2023 launch.

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