Novedades

Stablecoin giant Circle is planning to roll out native USDC on Hyperliquid’s HyperEVM blockchain, a change that will allow direct minting and redemption of the USD-backed stablecoin on the platform and reduce the need to use wrapped tokens routed through its current Arbitrum bridge.

Hyperliquid’s existing setup moves USDC from Arbitrum via a multi-signature bridge controlled by four validators with a two-thirds quorum, meaning three signers can authorize withdrawals.

While those keys are believed to be stored under secure physical custody, the bridge’s structure has been a focal point of community debate about operational risk.

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