Coinbase Gets Hyperliquid USDH Treasury Role as HYPE Hits $46.93; STRC Volume $1.53B

Coinbase expanded its role on Hyperliquid after being granted USDH treasury deployer rights, and HYPE rose 17% in 24 hours to a yearly high of $46.93. Strategy reported record trading volume of $1.53 billion in its STRC preferred stock, highlighting the market’s focus on its bitcoin-funding setup. In Washington on May 14, Kevin Warsh was confirmed as Fed chair and the Senate Banking Committee voted 15-9 to advance the CLARITY Act.