Reap Boosts USDC Integration with Hyperliquid

Hong Kong-based financial technology company Reap has integrated its platform with Hyperliquid to enable USDC funding capabilities. This move allows clients to directly fund their cards and payments balances on the Hyperliquid network using USDC.

Hyperliquid recently phased out its native stablecoin in favor of Circle's USDC, which has become the dominant collateral asset on the platform. The supply of USDC on Hyperliquid has nearly doubled year-over-year, reaching a record $7.04 billion in early June 2026, representing an almost 20% increase in just one month.

Reap's integration with Hyperliquid eliminates the need for clients to route their USDC through an intermediary exchange or wallet, reducing settlement time and operational overhead. This development is expected to improve liquidity management between trading and treasury activity and day-to-day spend, as well as support smoother reconciliation by keeping funding flows on a single rail.

Reap's Head of Product, Harris Leow, stated that the integration will provide clients with a more direct bridge between where they hold USDC on-chain and where it needs to be deployed in their operations. The company aims to create greater flexibility for its clients while supporting the real-world utility of stablecoins on Hyperliquid.