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ICYMI: @MorphoLabs surpassed $500m in active loans on @base.
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direct-to-consumer, us gov edition
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the 'flipside' of a massive valuation is that the bull case becomes the outcome that investors expect in the multi-trillion dollar supply bull case, circle has become an extension of the US government not the easiest roadmap to execute against quarter over quarter 😁
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USDG is on track to be the next stablecoin to surpass $1B supply
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when you build something that users want:
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seems like the market expects @circle to increase market share from here
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