# Hyperliquid Forces Its Builders Off Its Own Stablecoin and Onto USDC

A $10 million grant program will pay developers to migrate from USDH to Circle's dollar token or shut down, concentrating the network's settlement onto a single dollar token.

- Published: 2026-06-29T10:32:12.530Z
- Canonical: https://polylog.news/crypto/2026-06-29/hyperliquid-forces-its-builders-off-its-own-stablecoin-and-o
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/hyper-foundation-allocates-10m-in-grants-to-support-usdh-migration/)

The Hyper Foundation, which supports the high-throughput trading chain Hyperliquid, said it will allocate about $10 million in grants to help applications move away from the USDH stablecoin and onto Circle's USDC, or wind down, by July. The…

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