
JPMorgan warns HyperliquidX's growth threatens Circle's USDC stablecoin model
JPMorgan has raised concerns that HyperliquidX's rapid expansion and large USDC holdings could undermine the economic model of Circle's USDC stablecoin. HyperliquidX, a decentralized perpetual exchange, has amassed over $5 billion in USDC and is shif...

