According to Odaily Planet Daily, Circle co-founder and CEO Jeremy Allaire wrote on X, "Don't be fooled by the hype. Circle will be a major participant and contributor in the Hyperliquid ecosystem." While it's exciting to see others buy into the new USD stablecoin code and compete, USDC, with its deep liquidity and near-instant cross-chain interoperability, is sure to be warmly welcomed by the market.