Internet Computer (ICP) Tumbles 10% Daily: Is Coinbase Responsible for the Plunge?
Following the price retreat, ICP dropped down to the 55th-biggest cryptocurrency.
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The post Coinbase Becomes Hyperliquid’s Official USDC Treasury Deployer, Increases HYPE Position appeared on BitcoinEthereumNews.com. Crypto exchange Coinbase has expanded its support for Hyperliquid, becoming the perp DEX’s official USDC treasury deployer. The exchange has also acquired the rights to the DEX’s native stablecoin USDH, which it revealed will sunset over time. Coinbase Expands Support For Hyperliquid With USDC Treasury Role In an X post, the crypto exchange announced that it is now Hyperliquid’s official treasury deployer of USDC as an Aligned Quote Asset (AQA). “Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid – USDC delivers exactly that,” the exchange said. Coinbase noted that USDC has been the leading stablecoin on the crypto leverage trading platform since its launch in 2023 and has seen rapid growth within the ecosystem. This move is expected to further solidify the stablecoin’s position as the
Read full articleFollowing the price retreat, ICP dropped down to the 55th-biggest cryptocurrency.
Coinbase is now Hyperliquid’s official USDC treasury deployer, replacing USDH as the platform’s primary stablecoin asset. USDC on Hyperliquid has reached roughly $5 billion, doubling year-over-year as on-chain trading demand continues to grow. USDH markets will sunset gradually, with feeless conversions to USDC and fiat redemptions available throughout the transition. Hyperliquid’s integration with Coinbase as […] The post Hyperliquid’s USDC Upgrade Could Reshape On-chain Trading appeared first on Live Bitcoin News.
The stablecoin issuer said Hyperliquid is evolving beyond perpetual futures trading into outcome-based markets. Circle announced it is deepening its partnership with Hyperliquid by becoming the technical deployment partner for USDC on the decentralized trading platform, further embedding the stablecoin…
The post Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase takes the treasury deployer role for USDC on Hyperliquid, where supply has grown to roughly $5 billion, up 2x year-over-year. The AQAv2 framework ends fragmentation between USDC and USDH, redirecting reserve yield back to the Hyperliquid protocol for HYPE holders. Native Markets’ USDH will sunset over coming months, with feeless USDC conversions available to users through the USDH Dashboard. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center of USDC’s reserve management on Hyperliquid, with Circle handling the technical side through its Cross-Chain Transfer Protocol. The agreement also gives Coinbase the right to purchase the brand assets of USDH, the native stablecoin issued by Native Markets that l
The post Gasless Stablecoin Wallets Compared: Where to Send and Swap USDT and USDC Without Gas Fees appeared on BitcoinEthereumNews.com. Stablecoin holders run into the same problem every month: USDT and USDC require a separate native token to cover gas fees on most wallets. Send USDT on Tron and the transfer fails without TRX. Move USDC on Ethereum and the wallet asks for ETH first. A small group of wallets now skips that requirement entirely. Instead of asking users to hold a separate gas token, these wallets take the network fee directly out of the stablecoin being sent. Send 100 USDC and a small portion covers the fee, with no ETH balance needed. Five gasless stablecoin wallet options stand out in 2026 across coverage, fees, and trade-offs. Quick Comparison of Gasless Stablecoin Wallets The table below summarizes how each wallet handles gasless USDT and gasless USDC transfers across its supported networks. Wallet Stablecoins Supported Networks Fee Per Tran
Coinbase is stepping in as the official treasury deployer for USDC on Hyperliquid under a new framework called AQAv2, ending a fragmented stablecoin setup on one of decentralized finance’s most active perpetuals platforms. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center […]
The post BoE Considers Easing UK Stablecoin Caps After Industry Backlash appeared on BitcoinEthereumNews.com. Update May 14, 2:45 pm UTC: This article has been updated to include comments from Katie Haries, head of policy for Europe at Coinbase. The Bank of England (BoE) is reconsidering parts of its proposed regime for pound sterling stablecoins after digital asset companies warned that holding caps and reserve requirements could stifle adoption and make UK-issued tokens uneconomic. The central bank is looking at alternatives to temporary caps on how many stablecoins individuals and businesses can hold, and is examining whether its requirement that at least 40% of backing assets be held as non-interest-bearing deposits at the BoE is overly conservative, Deputy Governor Sarah Breeden told the Financial Times. The rethink comes as the UK government and regulators try to position Britain as a competitive hub for digital assets while containing risks to bank funding and financial stabilit
The post Bitcoin analysis: BTC’s recent rally past $80,000 lacked Coinbase premium appeared on BitcoinEthereumNews.com. Bitcoin’s BTC$79,550.57 recent rise above $80,000 was led by leveraged trades and lacked strong participation from the U.S.-based investor pool, which typically plays a key role in sustaining bullish trends. Their underperformance of U.S. spot buyers relative to their global peers is evident in the Coinbase Premium, which measures the price gap between bitcoin on Coinbase and on offshore exchanges, has stayed negative since late April, per CryptoQuant data. A positive premium typically signals U.S. institutional demand outpacing the rest of the world’s spot buying, since Coinbase is the primary on-ramp for American capital. A negative premium means the opposite: offshore traders are paying more for bitcoin than U.S. investors are willing to pay, driving prices higher. That divergence has now held through a 5% rally. Bitcoin BTC$79,550.57 traded above $82,000 on Tuesda