Coinbase Bolsters Presence on Hyperliquid Trading Network

Coinbase has strengthened its ties with Hyperliquid, one of the most closely watched projects in crypto this year. The company will now serve as the official treasury deployer of USDC on the Hyperliquid blockchain.

Through the network's Aligned Quote Asset (AQA) framework, Coinbase will manage USDC liquidity on Hyperliquid, connecting stablecoin liquidity directly into the trading infrastructure. This partnership reflects a broader shift in crypto infrastructure, where exchanges and blockchain networks increasingly integrate stablecoins into their systems.