At $5b of USDC, Hyperliquid now accounts for 7.5% of total USDC outstanding by Circle - Time for Jeff to use his holdings as leverage for a material revenue share on interest - If he clips 4%, it’s $200m of extra protocol revenue for a phone call (~20% boost to $1b run rate)
USDC on Hyperliquid doubles to $4.9 billion as DEX derivatives trading gains ground
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