The move follows Hyperliquid’s pivot away from its native stablecoin earlier this year, a shift that solidified USDC as the network's primary collateral asset. With stablecoin supply on the platform reaching a record $7.04 billion in June, many treasury teams have increasingly held their working capital directly on the chain. Until now, deploying those funds into real-world payments required routing assets through external wallets or exchanges, adding both time and complexity to financial workflows.
In section Releases
Reap Adds USDC Funding Rail for Hyperliquid Network
Businesses using Hyperliquid can now bypass intermediary exchanges to fund corporate cards and payment balances directly through Reap. By integrating the network, the fintech firm allows companies to convert on-chain USDC into operating capital, tightening the connection between treasury activity on the trading platform and day-to-day business spending.
Reap’s direct funding rail aims to streamline this process, allowing clients to generate a wallet address within the Reap platform to deposit USDC on the Hyperliquid network. Harris Leow, Head of Product at Reap, noted that the integration provides a more efficient bridge for teams looking to move value from on-chain liquidity into active operational balances. This addition expands Reap’s supported stablecoin infrastructure, which already includes Ethereum, Tron, and Polygon. The company expects to further integrate Hyperliquid across its broader suite of financial tools as it seeks to minimize friction between digital asset holdings and traditional corporate spending.
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