Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
CoinDesk 2026-05-18 20:18:37
The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.