Coinbase Acquires Hyperliquid’s USDH Deployer Native Markets, as Hana Financial Group Acquires $670M Stake in Dunamu

Coinbase Takes the Helm as USDC Treasury Deployer for Hyperliquid

Reading Time: 2 minutesKey Takeaways: Coinbase will now manage USDC liquidity as the primary quote asset within Hyperliquid’s Aligned Quote Asset (AQA) framework. Hyperliquid is phasing out USDH in favor of USDC; users have a multi month window to convert USDH to USDC or fiat without fees. Circle handles the technical cross-chain infrastructure (CCTP), while Coinbase manages the financial deployment and reserve yield sharing. Coinbase has been …

Coinbase Acquires Hyperliquid’s USDH Deployer Native Markets, as Hana Financial Group Acquires $670M Stake in Dunamu

The reported acquisition of Hyperliquid’s USDH deployer, Native Markets, by Coinbase marks a structural inflection point in how stablecoin liquidity and perpetual derivatives markets may converge. At its core, the transaction signals an ambition to vertically integrate stablecoin issuance, liquidity routing, and exchange settlement layers into a unified monetary stack—one where USD Coin (USDC) is […] The post Coinbase Acquires Hyperliquid’s USDH…

Hana Buys $670M Upbit Stake in Crypto Push

Hana acquires 6.55% of Upbit parent Dunamu for nearly $670 million Deal links banking infrastructure with crypto exchange ownership Stablecoin and blockchain payment plans boost Korea crypto optimism When a major bank stops circling crypto and starts buying the plumbing directly, markets pay attention. Is Hana’s Upbit stake the clearest sign yet of institutional crypto integration in Asia? Hana Financial Group announced Friday that it will acqui…