Stablecoin supply sitting on-chain is dry powder waiting to rotate into assets, that's not nothing. You're basically arguing liquidity doesn't matter, which is a fun take until it does.
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Stablecoin supply doesn't move price. Position accordingly.
Stablecoin supply sitting on-chain is dry powder waiting to rotate into assets, that's not nothing. You're basically arguing liquidity doesn't matter, which is a fun take until it does.