Hyperliquid launches native cross-chain support for USDC, officially integrating HyperCore and HyperEVM.
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TL;DR
Hyperliquid introduces native cross-chain support for USDC, integrating HyperCore and HyperEVM to enhance secure deposits and withdrawals, eventually replacing the Arbitrum bridge. The migration is ongoing with no immediate user adjustments needed, and it supports one-click deposits from the CCTP ecosystem.
Tags
HyperliquidUSDCcross-chainHyperCoreHyperEVM
According to a Hyperliquid announcement, USDC has achieved native interoperability between HyperCore and HyperEVM. This is a key advancement for secure cross-chain deposits and withdrawals and will replace the existing Arbitrum cross-chain bridge in the future. All USDC will be minted natively. The official statement indicates that the relevant functionality is still being improved, and the migration will proceed while ensuring security, allowing ample adaptation time for users and developers. Currently, users and developers do not need to make any adjustments and can continue to use the Arbitrum bridge or HyperEVM for deposits and withdrawals. HyperCore already supports one-click deposits from the CCTP ecosystem and can automatically complete the minting process on HyperEVM. Circle has deployed a CCTP path from Arbitrum, and support for other chains will be launched successively.