spot ETFs remains the swing factor for carry strategies

The healthier setup is alignment: bridge security improving while custody rails stays orderly.
Builders and treasuries should track stablecoin velocity even when social feeds obsess over stablecoin settlement.
That debate sits next to today’s market focus around “Justin Sun Accuses Trump.”
Keeping a written thesis helps avoid narrative whiplash.
Builders and treasuries should track wallet UX even when social feeds obsess over options skew.
Stay close to what users and balance sheets are actually doing.
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