Hyperliquid has linked the USDC stablecoin across HyperCore, its trading engine, and HyperEVM, its smart contract layer, reducing reliance on the current Arbitrum-based bridge and paving the way for native minting.

In an X announcement on Monday, Hyperliquid reassured users that there’ll be no changes right away. Deposits and withdrawals can still run through the Arbitrum bridge or HyperEVM. But for HyperCore, users can now deposit USDC from any chain that supports Circle’s cross-chain protocol.

The developers noted that “there are many details still to build out,” and the team warns that some transfers from HyperCore to HyperEVM “may fail if there is insufficient balance on HyperEVM.” When that happens, the funds stay on HyperCore, and users can fall back to the Arbitrum route.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io