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

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

🔗 https://www.coindesk.com/markets/2026/05/18/hyperliquid-s-usdc-deal-could-supercharge-hype-pressure-circle-coinbase-margins-analysts-say

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