Reap Launches Direct USDC Funding via Hyperliquid to Streamline Corporate Treasury
By Lauren Towner · 11 August 2026
In brief: Reap has launched direct USDC funding via the Hyperliquid network, allowing businesses to bridge on-chain liquidity directly to corporate card and payment balances without using intermediary exchanges.
| Hyperliquid Stablecoin Supply | $7.04 billion |
|---|---|
| Supported Networks | Hyperliquid, Ethereum, Tron, Polygon |
| Reap Employee Count | 300 people |

Quick Summary
Reap solves on-chain liquidity friction by launching direct USDC funding via Hyperliquid. This integration allows businesses to move stablecoin collateral directly into corporate payment balances without intermediary exchanges, significantly reducing settlement times and operational overhead for treasury teams managing high-volume digital asset portfolios.
How Does Reap Simplify Stablecoin Treasury Management?
Reap solves liquidity bottlenecks for businesses by providing a direct bridge between the Hyperliquid network and real-world spend. Previously, firms holding USDC on Hyperliquid were forced to route funds through third-party wallets or exchanges to access their capital. By enabling direct wallet generation within the Reap platform, the company eliminates these extra steps.
- Direct funding rails for Hyperliquid, Ethereum, Tron, and Polygon.
- Reduced settlement time by bypassing intermediary exchange hops.
- Improved reconciliation by keeping all funding flows on a single supported rail.
This infrastructure update is particularly critical as USDC funding via Hyperliquid becomes the primary collateral method for one of the industry's largest on-chain trading venues. Businesses can now convert on-chain working capital into operating balances for corporate cards and cross-border payments with minimal friction.
What Results Has Hyperliquid Delivered for Stablecoin Adoption?
Hyperliquid's stablecoin supply has seen explosive growth, nearly doubling year-over-year to reach a record $7.04 billion in June 2026. This 20% monthly surge followed the network's decision to phase out its native stablecoin in favor of Circle's USDC infrastructure. As USDC cements its role as the anchor asset, the demand for stablecoin-enabled infrastructure that connects these assets to the traditional economy has intensified.
"With Hyperliquid now supported in Reap, clients now have a more direct bridge between where they already hold USDC on-chain and where they need to deploy it in day-to-day operations. We are excited to build a simpler, faster path for treasury teams to move value from on-chain liquidity into the balances they use to run their businesses." said Harris Leow, Head of Product, Reap.
How Does This Integration Impact Global Business Payments?
Reap enables connectivity by merging traditional finance with digital assets, a move that processed billions in transaction flows in 2025. By adding Hyperliquid to its suite of supported networks, Reap provides greater flexibility for clients who need to move value between high-yield on-chain environments and day-to-day operational expenses. The integration supports embedded finance solutions and corporate cards, allowing 300 global employees at Reap to support a more efficient money movement ecosystem for international enterprises.
FF NEWS TAKE:
This move by Reap definitely moves the needle for institutional DeFi adoption. By creating a direct link to Hyperliquid - a network currently seeing massive liquidity inflows - Reap is positioning itself as the essential utility layer for crypto-native treasuries. Eliminating exchange friction isn't just a convenience; it's a critical infrastructure requirement for businesses that want to treat stablecoins as legitimate, liquid working capital rather than siloed speculative assets.
Frequently asked questions
How can businesses fund Reap cards using Hyperliquid?
Businesses can now generate a unique Hyperliquid wallet address directly within the Reap platform. By sending USDC over the Hyperliquid network to this address, clients can instantly fund their corporate card and payment balances, bypassing the need for intermediary exchanges or external wallets.
Why is USDC the primary collateral on Hyperliquid?
In May 2026, Hyperliquid phased out its native stablecoin, leading Circle to expand its infrastructure role. Consequently, USDC became the dominant collateral asset, with the network's stablecoin supply reaching a record $7.04 billion in June 2026.
What are the benefits of direct USDC funding for treasury teams?
Direct funding rails reduce settlement times and operational overhead by eliminating the need to route funds through third-party exchanges. This allows treasury teams to manage liquidity more efficiently between on-chain trading activity and day-to-day business spend.
About the companies
Circle
Website · 91 stories on FF News since 2021
Previously on FF News:
- Multiliquid Secures $8 Million Seed Round Led by Polychain to Unlock Institutional Tokenized Asset Liquidity 21 October 2026
- Proof and Circle Bridge Verified Identity and USDC for Secure AI Agent Commerce 19 October 2026
- Fission Secures $10M Series A Led by Pantera Capital to Build Liquidity Layer for Tokenized Funds 19 October 2026
Ethereum
Website · 34 stories on FF News since 2026
Previously on FF News:
- Crypto Trades Chaos for Caution: How Stellar’s Meridian Signals a New Institutional Era 30 October 2026
- Kinexys by J.P. Morgan Launches JPM Coin on Ethereum to Scale Institutional Payments 20 October 2026
- EXCLUSIVE: "The Future is Here (Almost)" - Wayne Hughes, BNP Paribas Securities Services in 'Discover Sibos' 30 September 2026
Companies in this story: Polygon, Circle, Ethereum, Reap, Hyperliquid, Tron
People in this story: Sue Ann Sim, Harris Leow