Hyperliquid Deal Reshapes Stablecoin Economics in 2026

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Episode metadata supplied by the publisher feed · Published May 18, 2026

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Hyperliquid captures 90% of USDC reserve income, shifting $160M from Coinbase and Circle. But the real shift isn't where you think—it's in the new power dynamic.

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Hyperliquid Deal Reshapes Stablecoin Economics in 2026

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