Coinbase Becomes Hyperliquid’s USDC Treasury Wallet Deployer After AQAv2, With $6.06 Billion in USDC

cryptodefiblockchains 5 posts · 4 accounts

Coinbase said it is now the official deployer of Hyperliquid’s USDC treasury wallet after AQAv2 was activated from two wallet addresses. AQAv2 distributes 90% of treasury yield across $6.06 billion in USDC, including $1.6 billion on Arbitrum and $4.46 billion on HyperEVM.

The arrangement expands Coinbase’s support for Hyperliquid and is aimed at onchain markets that operate 24/7 and require collateral that is always available, instantly transferable and deeply liquid, the company said. Coinbase also said it has significantly increased its position of staked HYPE.

From the sources (5 posts)

@coinbase

Coinbase is now the official deployer of @HyperliquidX's USDC treasury wallet. We will be activating AQAv2 from the two addresses below: 0x4E5319dEb1072B01439EE674db5C321d11fd96F8 0xc20699185c15D0a2fD65779BB5d69f5b0B113c00

@degeneratenews

NEW: @coinbase ANNOUNCES IT IS NOW THE OFFICIAL DEPLOYER OF @HyperliquidX’S USDC TREASURY WALLET

@cointelegraph

⚡️ UPDATE: Coinbase says it is now the official deployer of Hyperliquid’s USDC treasury wallet.

@coindesk

NEW: @Coinbase becomes the official treasury wallet deployer for $USDC on @HyperliquidX following the activation of AQAv2, distributing 90% of treasury yield across $6.06B in $USDC, $1.6B on Arbitrum and $4.46B on HyperEVM.

@degeneratenews

NEW: @HyperliquidX HYPEREVM $USDC SUPPLY SURPASSES $5 BILLION SOURCE:

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