Circle brings USDC and CCTP V2 on Hyperliquid: Platform records the increase in the managed assets to $ 5.5 billion

Circle brings USDC and CCTP V2 on Hyperliquid: Platform records the increase in the managed assets to $ 5.5 billion

Circle canceling launch of USDC and CCTP V2 on hyperliquid an

Circle has announced that the StableCoin USDC and the second version of the Cross-Chain Transfer Protocols (CCTP V2) are introduced on the Hyperliquid trading platform. This announcement comes at a time when Hyperliquid's managed assets (AUM) rose to impressive $ 5.5 billion.

USDC is a widespread stable coin that is bound to the US dollar and is known for its stability and security. The introduction of USDC to hyperliquid will expand the offer of the platform and enable users to use the advantages of this stable digital currency.

In addition, CCTP V2 is implemented, which aims to enable the seamless transfer of assets across various blockchain networks. This is an important step towards interoperability and user-friendliness in the crypto sector.

The increase in the AUM to $ 5.5 billion shows the increased trust and interest of investors in hyperliquid and its offers. The combination of USDC and CCTP V2 will certainly help strengthen the platform and attract new users.

The developments on hyperliquid are part of a larger trend in the crypto industry, which indicates the growing demand for safe and efficient trade solutions. The coming months should be decisive to observe how these new functions will affect the use and growth of hyperliquid.

By integrating USDC and CCTP V2, Hyperliquid has the potential to establish itself as a leading platform in the cryptocurrency area and to offer users innovative solutions in the trade and transfer of digital asset.