Circle going to have a scrappy fight coming up. Hyperliquid and Stripe are going to grind them down.

Omar
@TheOneandOmsy
09-05
Hyperliquid finally gearing up to launch its own stablecoin:
- There’s $5.5b of USDC on deposit on Hype, implying + $220m of incremental rev (~17% bump) for token holders (at 4% rates) when fully swapped to USDH
- For Circle (CRCL) shareholders, not so great news. Assuming a x.com/theoneandomsy/…


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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