arguably this is a major win for $HYPE
i believe we are underestimating the effects that USDC as the treasury deployer would bring to the HL eco
this is much more bullish than most would realize
tldr, never short $HYPE, and today its wins on 4 fronts:
- coinbase bought $20m of $HYPE over the last week, and bought $5m more today and staked all of it
- @circle USDC officially becomes the treasury deployer and will see ~$150m in interest income on HL
- HL wins with more trades on $CBRS as its ipo today is free money (right @Eli5defi ?)
- the launch of $CBRS on @tradexyz showcases team execution and immaculate time to market
let me elaborate below why these are are HUGE catalyst and how with an A team onboard, would superceed what many others would have achieved
👇
https://x.com/arndxt_xo/status/2054961764216046037
Post #4498
407