A lot of people forget stablecoins have the highest PMF in crypto. (Specially in emergent countries like LATAM)

I’ve been personally holding a lot of stables this cycle and today during a pretty gud chat with a friend I met with here in HK I ended finding out Circle is actually the biggest holder of $SEI (next one is $BTC 👀) which is more than any other token on its balance sheet (per their IPO docs).

P.S: $CRCL just hit a $59B ATH which leads me to think that due to SEI involvement this could indeed be a kind of alpha LMAO