Circle provides regulated, compliance-mapped USD Coin settlement while Nium manages the real-time currency conversion and final delivery to localized nodes. The integrated framework aims to reduce the heavy prefunding capital requirements typically required for enterprises executing high- volume treasury management across multiple international corridors.
AntSeed instead allows buyers to discover providers directly, send requests peertopeer, and settle payments instantly in USDC to a provider's wallet. According to a media statement, the network requires no accounts, no API keys, and has no approval process or central point of control. OpenRouter and similar aggregators helped define the market for unified AI access, but that market does not need to remain centralized, said Shahaf Antwarg, Antseed's cofounder.
With Coinbase, in its role as treasury deployer, sharing the vast majority of reserve yield revenue with the protocol, USDC will become the most aligned stablecoin on Hyperliquid. USDC has been Hyperliquid's dominant collateral since the platform launched in 2023. Supply on the network has grown to roughly $5 billion, about double what it was a year ago, making Hyperliquid one of the most concentrated environments for on-chain dollar usage in derivatives trading.
Circle minted $500 million in USDC on Solana, marking a significant milestone as the network processed $3.25 billion in USDC supply within a week. This surge is indicative of Solana's growing role in the stablecoin market, as it approaches a 10% share of total USDC supply, traditionally dominated by Ethereum.
Polymarket's new collateral token, Polymarket USD, is designed specifically for the platform, functioning like a wrapped stablecoin and backed 1:1 by USDC. This change eliminates reliance on Polygon's bridged USDC.e, allowing Polymarket to have direct control over its prediction market outcome tokens.
