The post JPMorgan Warns USDC Stablecoin Deal Threatens Coinbase and Circle Profits appeared first on Coinpedia Fintech News
JPMorgan Chase & Co., the largest bank in the world by market capitalization, has sounded the alarm about Coinbase and Circle’s USDC-based revenue in their partnership with Hyperliquid. USDC alliance expected to slash Coinbase and Circle earnings According to the bank’s July 2026 report, the partnership among the three crypto players creates a prisoner’s dilemma. …