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HYPE jumps 17% as Coinbase stakes token to activate AQAv2 and shifts to USDC stablecoin.

Market News
15 May 2026
Bitcoin
View Source
Bullish
pluang ai news

HYPE, the token of Hyperliquid, surged 17% to $46.93 after Coinbase committed to staking it to activate AQAv2 on the protocol. Hyperliquid announced it will replace its native stablecoin USDH with USDC to consolidate liquidity and share yield revenue with the network. The Hyper Foundation is also granting support to developers for a smooth migration over the coming months. This move aims to improve user experience by reducing fragmentation and aligning with a more widely used stablecoin, USDC.

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