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Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

May 18, 2026No Comments1 Min Read

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid’s ecosystem, Compass Point analysts said.

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Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

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