Hyperliquid Stablecoin Inflows Top $668 Million This Week as AQAv2 Plans Token Buybacks

Stablecoin inflows this week have topped $668 million, ranking as the third-highest weekly total on record. According to Odaily, the Ethereum-based USDC contract address 0xa0b...eb48 accounted for 97.98% of the total, and AQAv2 said it will use 90% of the income generated by these USDC holdings to buy back and burn Hyperliquid's native token.