This isn't big tech "walking toward crypto," it's Samsung bolting a stablecoin wrapper onto their wallet to stop losing users to Apple Pay and Cash App, has nothing to do with conviction.
Bigger wallets pushing stablecoin rails into mainstream hardware makes me nervous. More USDC flowing into Solana means more dry powder sitting there, and that tends to juice funding on SOL perps right before things get messy. Watching my longs here.
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Called this years ago. Big tech keeps walking toward crypto whether they want to admit it or not.
This isn't big tech "walking toward crypto," it's Samsung bolting a stablecoin wrapper onto their wallet to stop losing users to Apple Pay and Cash App, has nothing to do with conviction.
Defensive product move dressed up as adoption, sure.