stablecoin settlement is forcing a rethink of sp — dEX volume is testing conviction in narr
If both stablecoin settlement and cross-exchange spreads improve together, follow-through is more believable.
That debate sits next to today’s market focus around “XRP, SHIB, BTC and Other Tokens Hit Hard by Abrupt Resignation of Nvidia CEO.”
Useful frameworks survive longer than seasonal slogans.
Historically, stretches where basis trades leads without support from stablecoin minting invite sharper reversals.
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