Sovereigns are price-sensitive on real yield. Stablecoin holders aren't. This creates structurally new demand for US dollars (debt) as emerging market retail seeks relief from local currency debasement. Marginal Treasury demand will increasingly be set by individuals in Lagos rather than economists in Beijing.
Hence the US government explicitly embracing stablecoins. It's a mechanism to retain dollar dominance even with runaway debt.
Next level deeper
Hyperliquid is just binance 2.0 without a marketing team and has made 1000s of technical decisions that work well in a centralized setting and wonโt work at all in a permissionless decentralized one. And now theyโre many steps behind
And also no real American company will ever work them now
Try to read and think!
industry standard will be apps monetizing their stablecoin float
Hyperliquid, Polymarket, etc are just a sign of what's to come top to bottom
another reason why stablecoins >>>
After last week being a dead week in ATM sales
@Strategy STRC ATM sales this week have potentially gulped up 6300 BTC
Thats 14 days of BTC block emissions, and nearly 0.03% of the total Bitcoin supply.
There is an impersonator account with our old X username. Beware of this scams, do not engage.
This is NOT the Drip team, do not click any links from that account.
We are not launching any token.