Illustration of HYPE token price rally supported by Coinbase and Circle's USDC integration.
Illustration of HYPE token price rally supported by Coinbase and Circle's USDC integration.
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El token HYPE sube tras el respaldo de Coinbase y Circle al modelo de stablecoin

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El token HYPE experimentó un incremento tras el compromiso de Coinbase y Circle con la actualización AQAv2 de Hyperliquid, alineando a USDC con el marco de reparto de rendimiento del protocolo.

HYPE subió tras el anuncio del 14 de mayo, alcanzando aproximadamente los 45 dólares. La actualización posiciona a Coinbase como el desplegador oficial de la tesorería de USDC en Hyperliquid, mientras que Circle gestiona el despliegue técnico y la infraestructura entre cadenas a través de CCTP. La gran mayoría de los ingresos por rendimiento de reserva de USDC ahora se destinan al protocolo, siguiendo el modelo establecido inicialmente por el token USDH de Native Markets.

Qué dice la gente

Las reacciones iniciales en X destacan el entusiasmo por el compromiso de Coinbase y Circle con la actualización AQAv2 de Hyperliquid, señalando el reparto significativo de ingresos para los poseedores de $HYPE y el aumento del precio del token.

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Illustration of Hyperliquid token price at $50 driven by HYPE ETF inflows, featuring financial charts and investment flows.
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Hyperliquid price crosses $50 as HYPE ETFs attract inflows

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Hyperliquid's token price crossed $50 this week, driven by early inflows into new spot HYPE exchange-traded funds that outpaced Bitcoin products on an adjusted basis.

Hyperliquid's HYPE token has gained 101 percent year to date while decoupling from Bitcoin. The platform's revenue has expanded across multiple sectors. Bitwise's Matt Hougan described HYPE as the most mispriced cryptocurrency.

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Michael van de Poppe says Hyperliquid’s surge and renewed interest in AI-focused crypto projects signal a broader return of risk appetite in altcoins. He highlighted recent gains in the HYPE token and pointed to undervalued AI-linked projects as key drivers.

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Coinbase has announced the launch of its 'Coinbase Stablecoin Credit Strategy' (CUSHY), a new fund targeting qualified investors with exposure to tokenized institutional credit. The strategy leverages stablecoins for public, private, and opportunistic credit opportunities. It aims to capitalize on tokenization benefits amid ongoing debates over stablecoin regulation.

Bitcoin stayed above 80,000 dollars on Friday while altcoins led gains across crypto markets. Coinbase shares recovered 10 percent from session lows after the exchange reported a quarterly loss.

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Tether, the issuer of the largest stablecoin USDT, announced a first-quarter net profit of $1.04 billion for 2026. The company's excess reserves reached a record $8.23 billion, with total assets nearing $192 billion against liabilities of about $183.5 billion. Reserves include significant holdings in U.S. Treasuries, gold, and bitcoin.

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