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JPMorgan says Hyperliquid’s rise threatens Circle’s USDC economics

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Finance, Circle, Coinbase, Hyperliquid, JPMorgan, Stablecoins, News Hyperliquid’s deal with Circle and Coinbase creates a “prisoner’s dilemma” that puts pressure on earnings from the dollar-pegged stablecoin. Hyperliquid’s deal with Circle and Coinbase creates a “prisoner’s dilemma” that puts pressure on earnings from the dollar-pegged stablecoin. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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