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poopmandefi
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Alright bro $sUSDe is eating.
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poopmandefi
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Asked a friend (don’t know much abt crypto) about the best RWA token he could think of. Instead of $syrup , $pendle , he tells me he thinks $collat , $KTA are the best. I realised we are literally living in a different world and prob the reason why our bags are not pumping.
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Shocked by how fast stablecoin adoption is growing in Europe, and how sharply it’s dropping in Asia. > Europe is doing 5.3M onchain stablecoin transactions per month, 2.7x higher than last year's average after gaining regulatory certainty with MiCAR. > Asia onchain stable adoption has been slipping , dropping from 2.7M to 1.7M , a 0.6x despite stablecoin TVL is hitting ATH. The drop might be actually caused by China’s strict crypto ban, or maybe the Asian community simply prefers doing inter-transactions on CEXs. This also explain how important regulatory clarity is for stablecoins, not just to protect holders, but also to build "trust" and bring more assets on-chain. Expect the GENIUS Act to drive 2–3x growth in NA stablecoin adoption over the next 12 months. Stablecoin to $2T is inevitable.
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1/3 of tweets today are all about $hype What is going on 🤣
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What really separates $Syrup from other lending or stablecoin strategies is their focus on building the real world "Trust Factor". Institutional branding , US based team , KYC, custodian partnership, monthly pool update report etc. Yes, it looks like CeFi, but it works.
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Turns out people in crypto trust branding more than onchain verifiability.
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