JPMorgan warns Hyperliquid’s growth threatens Circle’s USDC economics
Covered by 5 sources · 5 articles
5 outlets - including Blockchainreporter, Crypto and Coingape and 2 more - are covering this story. Hyperliquid's deal with Circle and Coinbase creates a prisoner's dilemma that pressures USDC profit margins as other venues demand similar terms, according.
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JPMorgan: Hyperliquid’s Growth Puts Pressure on Circle’s USDC Revenue Model
Hyperliquid's deal with Circle and Coinbase creates a prisoner's dilemma that pressures USDC profit margins as other venues demand similar terms, according.
JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. According to a JPMorgan research note, the re…
JPMorgan Cuts Circle, Coinbase Earnings Forecasts Over Hyperliquid USDC Deal
JPMorgan has reduced its earnings forecast for both Circle and Coinbase after it signed a new revenue-sharing deal with Hyperliquid that affected the distribution of income generated by USDC’s reserves. The agreement might affect the overal…
JPMorgan Warns USDC Stablecoin Deal Threatens Coinbase and Circle Profits
JPMorgan warns Hyperliquid’s growth threatens Circle’s USDC economics
Hyperliquid's growth could reshape stablecoin economics, pressuring Circle's revenue model and prompting broader industry yield-sharing shifts.