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JPMorgan warns Hyperliquid’s growth threatens Circle’s USDC economics
JPMorgan warns Hyperliquid's deal to capture 90% of USDC reserve yield could redirect $160 million annually from Circle and Coinbase to the DeFi platform.
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coindesk.com
JPMorgan sees Hyperliquid partnership weighing on Circle, Coinbase
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.
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cryptobriefing.com
JPMorgan warns Hyperliquid’s growth threatens Circle’s USDC economics
JPMorgan warns Hyperliquid's deal to capture 90% of USDC reserve yield could redirect $160 million annually from Circle and Coinbase to the DeFi platform.
