Stablecoins aren't actually winning if they need rate cuts to survive 💀 BIS data shows $USDC growth tanks when banks pay better yields on deposits, which means we're not replacing anything yet. Traditional finance just flips a rate switch and chokes adoption. We're still playing in their sandbox.

Tell me I'm wrong 🤔 $BTC treading water at $81k while the rest of crypto bleeds doesn't help the argument either 📉 If stablecoins can't win on their own terms, what's the actual edge 🤷

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