🚀 HyperEVM Stablecoin Supply Explodes to $940M in Just 12 Months 💰📊
The growth of HyperEVM’s stablecoin ecosystem has been massive. In just one year, total stablecoin supply surged from $0 to $940M.
💵 USDC dominates the ecosystem:
🔹 ~$600M supply (about 63% of the total)
🔹 +200% growth in the past month alone
📅 A key turning point came on Dec 8, 2025, when HyperliquidX connected native USDC between HyperCore and HyperEVM using CCTP V2.
$BTC This upgrade enabled:
⚡ Direct deposits from 12+ blockchains
⚡ Migration from bridged USDC.e → native USDC
⚡ Gradual Arbitrum bridge deprecation
📈 The impact was immediate:
• Dec 15: $51.8M → $215.6M (+$163.8M)
• Dec 16: $215.6M → $415.8M (+$200.2M)
🔥 That’s $364M in inflows in just two days — the largest liquidity event in HyperEVM’s history.
$CFG Meanwhile, USDH has also grown fast:
📊 $10M at launch (Sep 2025) → $96M in 6 months, now representing ~10% of total stablecoin supply.
$ETH The stablecoin liquidity boom could become a major catalyst for HyperEVM’s DeFi expansion.
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#Crypto #DeFi #Stablecoins #HyperEVM #USDC