stablecoins is supporting carry strategies

Builders and treasuries should track protocol revenue even when social feeds obsess over exchange reserves.

The practical takeaway is to prefer durable signals over dramatic ones.

That debate sits next to today’s market focus around “Suspicious prediction market activity seen before election poll release: NYT.”

Treat protocol revenue as the constraint and exchange reserves as the amplifier, not the other way around.

Better questions beat louder opinions when regimes shift.

Builders and treasuries should track stablecoins even when social feeds obsess over dollar strength.

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