Not sure people understand the magnitude of this announcement Hyperliquid has $5b USDC on its platform, AQAv2 ensures that "the vast majority of reserve yield" from USDC will now be used to buyback even more HYPE If we assume that the "vast majority" is considered ~80-90%, a conservative 3.5% yield would mean an additional $140m - $160m yearly revenue. Convert that into daily buybacks and we're looking at an additional ~$400k of buybacks per day. We've been hovering at around $1.5m revenue per day so that would be a 26% increase in daily revenue, that's insane I've been waiting for some kind of catalyst that could have potentially brought HYPE out of its revenue slump, and I was thinking perhaps a gradual end to HIP-3 growth mode was going to be that catalyst, but this partnership with Coinbase/Circle should do the trick The news came out at as HYPE was hitting a strong support level so it felt like a very natural spot for me to go long Additionally we're also seeing a very successful pre-IPO trial with CBRS which gave a great entry for retail traders (this will surely be talked about outside of crypto) so that also helps add to the conviction Hyperliquid(Nachi)