stablecoins quietly dominates narrative durability

Most blow-ups start as comfortable consensus.

Historically, stretches where RWA tokenization leads without support from protocol revenue invite sharper reversals.

Put beside current chatter on “Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key,” the incentive problem looks clearer.

Ignoring stablecoins because dollar strength looks exciting is how late-cycle mistakes compound.

Useful frameworks survive longer than seasonal slogans.

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