Coinbase

Coinbase is expanding its partnership with Hyperliquid, one of crypto's fastest-growing trading platforms, by taking on USDC liquidity management responsibilities. **Key Details:** - Coinbase will manage USDC liquidity directly on Hyperliquid - This deepens the relationship between the two platforms - Hyperliquid has been experiencing rapid growth in the trading space The move strengthens USDC's presence on decentralized trading infrastructure and signals Coinbase's commitment to supporting emerging DeFi platforms. [Read the full announcement](https://www.coinbase.com/blog/coinbase-and-hyperliquid-aligning-markets-on-hyperliquid-to-usdc)

Native Markets has reached an agreement with Coinbase to transfer ownership of the USDH stablecoin brand assets. **Key Details:** - USDH markets remain operational but will gradually phase out - The stablecoin maintains full backing throughout the transition - Users can convert USDH to USDC without fees - Fiat redemptions available at [USDH.com](http://USDH.com) Native Markets originally secured the USDH ticker in September 2025 after Ethena's withdrawal. The transition marks a consolidation move as Coinbase expands its stablecoin portfolio.

Circle has expanded its partnership with Hyperliquid by becoming the platform's official treasury deployer of USDC. The move addresses the need for collateral that operates continuously in 24/7 onchain markets, providing instant transferability and deep liquidity. **Key developments:** - Circle now serves as Hyperliquid's official USDC treasury deployer - The company has significantly increased its staked HYPE position - USDC will provide always-available collateral for the platform's continuous operations This builds on Circle's existing commitment to Hyperliquid, where it already operates as the largest stablecoin on HyperEVM and runs a validator node. The partnership strengthens the infrastructure supporting Hyperliquid's decentralized exchange ecosystem. Learn more about [Hyperliquid](https://hyperliquid.xyz)

Coinbase has expanded its crypto-backed lending service to include Solana (SOL). Users can now borrow up to $100,000 in USDC against their SOL holdings without selling their assets. **Key Details:** - Instant access to USDC loans using SOL as collateral - Maximum loan amount: $100,000 - No need to liquidate SOL holdings - Follows successful Bitcoin-backed loan rollout This launch comes after Coinbase's Bitcoin-backed loans saw $100M USDC borrowed in under 100 days. The BTC loans offer rates as low as 5% with no hidden fees, available to US users (excluding NY) with borrowing limits up to $1M. The lending infrastructure is powered by [Morpho Labs](https://morpho.org) on [Base](https://base.org), combining Coinbase's user interface with decentralized finance protocols.

**Coinbase has emerged as the dominant platform for regulated stablecoins**, now holding over 25% of all USDC in circulation within its products. **Key milestones:** - USDC market cap hit all-time high of ~$80B in March 2026 - Total stablecoin market cap surpassed $300B and continues rapid growth - $33T in stablecoin transactions settled on Coinbase in 2025 **The transformation:** Traditional payments require 3-5 days settlement, charge 3%+ fees, and close on weekends. Stablecoins offer sub-cent fees and operate 24/7/365. Coinbase attributes this scale to prioritizing security and user experience, positioning itself as the infrastructure layer for global digital payments. The platform is now applying this expertise to streamline payments worldwide. The stablecoin economy has seen explosive growth, with transaction volume rising 83% between mid-2024 and mid-2025, while USDC's market cap nearly doubled year-over-year from $28.5B to over $56B.

Coinbase has released its Q1 2026 financial results, highlighting a significant trend: **everything is moving onchain**. The exchange's latest quarterly report emphasizes the accelerating shift of financial activity and assets onto blockchain networks. This marks a continuation of trends observed in their previous Q4 2025 results. **Key takeaway:** - The onchain migration represents a fundamental transformation in how crypto infrastructure is being utilized - Coinbase positions itself at the center of this structural shift in the industry The results suggest growing adoption of blockchain-based solutions across various financial services and applications.

Coinbase is running a sweepstakes offering traders a chance to win **1 BTC** and an Aston Martin F1 experience in Melbourne. **How to enter:** - Opt in on Coinbase - Make any trade between January 5 and February 5, 2026 - Earn 1 entry per trade (maximum 10 entries) **Prize includes:** - Trip for two to Melbourne (flights and hotel) - VIP pre-race karting with Aston Martin F1 Team Driver Squad member - Aston Martin rental with chauffeur - Access to team events - Personalized kit signed by Fernando Alonso and Lance Stroll - 1 Bitcoin Contest ends February 5, 2026. Open to residents of US, Canada, Ireland, Germany, Spain, France, and Australia (18+). No purchase necessary. [Full rules](http://coinbase.com/sweepstakes/amf1_jan26_rules)

Coinbase has launched prediction markets across all 50 U.S. states, marking a shift from traditional house-set odds to crowd-determined pricing. **Key Features:** - Trade outcomes on sports, politics, culture, and other real-world events - Market prices determined by collective user predictions rather than bookmakers - Available nationwide on the Coinbase platform The launch represents a new approach to speculation on future events, allowing users to buy and sell positions based on whether specific outcomes will occur.

Coinbase is rolling out **stocks and prediction markets** to U.S. users through its regulated entities. **Key Details:** - Securities trading available via Coinbase Capital Markets (SIPC/FINRA member) - Futures and swaps offered through Coinbase Financial Markets (NFA member) - Gradual rollout underway, expanding to all eligible U.S. users **Important Considerations:** - All trading carries risk and potential capital loss - Users should conduct research before trading - Information provided is not investment advice or recommendations This expansion marks Coinbase's move beyond crypto-only offerings into traditional financial products.

A major crypto exchange has partnered with the National Crypto Association and Operation Hope to deliver cryptocurrency education programs. The initiative focuses on making financial tools **accessible, understandable, and safe** for underserved communities. **Key goals:** - Promote economic freedom through crypto literacy - Target those who need financial education most - Provide clarity on cryptocurrency fundamentals The partnership emphasizes that **clarity is the real unlock** for widespread crypto adoption and financial inclusion.