🚨 JPMorgan cuts profit forecasts for Circle and Coinbase after revenue-sharing deal with Hyperliquid
📅 15/07/2026 06:00 ICT | BTC: $64,852
JPMorgan has lowered its income forecasts for both Circle and Coinbase after the two companies signed a new revenue-sharing agreement with Hyperliquid, impacting the distribution of profits from USDC reserves. The move shows that even major stablecoin players are under pressure as competition in the on-chain payments sector becomes increasingly fierce. For the crypto market, if USDC revenue declines, it could affect the momentum of stablecoin ecosystem development—which is the key bridge between traditional finance and digital money, especially as the stablecoin payment volume reached $400 billion in 2025.
In your opinion, could Hyperliquid become a formidable rival to centralized exchanges in the stablecoin space? 👇
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