stablecoin minting is overpricing short-term positioning

Builders and treasuries should track stablecoin minting even when social feeds obsess over bridge security.

Put beside current chatter on “Michael Saylor's Bitcoin Treasury Secures Nearly $1 Billion in Profit,” the incentive problem looks clearer.

Keeping a written thesis helps avoid narrative whiplash.

Attention jumps quickly; capital moves more slowly.

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