Circle and Hyperliquid Compete in Stablecoin Market
Hyperliquid plans to launch its own stablecoin, USDH, in 2025, potentially challenging Circle's USDC dominance. In response, Circle will introduce its native USDC and CCTP V2 on Hyperliquid, amid increasing USDH bids. This competition highlights the evolving landscape of stablecoins and the strategies companies are adopting to maintain market share.
Circle and Hyperliquid Compete in Stablecoin Market
Hyperliquid plans to launch its own stablecoin, USDH, in 2025, potentially challenging Circle's USDC dominance. In response, Circle will introduce its native USDC and CCTP V2 on Hyperliquid, amid increasing USDH bids. This competition highlights the evolving landscape of stablecoins and the strategies companies are adopting to maintain market share.
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From major news outlets to specialized publications
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