Coinbase expands on-chain market support by becoming USDC's official Treasure Distributor in HyperLiquid.
Coinbase expands on-chain market support by becoming USDC's official Treasure Distributor in HyperLiquid. As part of the transition, Native Markets agreed to terms of the agreement giving Coinbase the power to purchase USDH-branded assets. Over the next few months, users will be able to exchange USDH for USDC or fiat currency for no fee through the USDH dashboard in the native market. USDC saw rapid growth in HyperLiquid (about $5 billion in total, doubling year-over-year), and the support from Coinbase makes it the deepest on-chain integration among stablecoins to date. https://www.coinb…
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