$CRV just plugged into Arc, Circle's new stablecoin-only chain, and that's the real story today, not the stale 20% pop from a month back.
Curve's own account says they're live on Arc now, offering to help any stablecoin spin up a pool there, FX markets included, with simulations and parameter tuning before it goes live. that's Curve doing what it does best, wiring itself into every new stablecoin chain that shows up.
Curve's own numbers back it up too, reUSD and sDOLA sitting near 9.9% right now, top USD pools running above 15%. real yield still moving through these pools while $CRV itself just grinds, up 2.07% on the week. plumbing income outlasts a headline pump, that's the bet here.
CRV trades at $0.3519 right now. if it holds $0.3376, i think it works back up toward that $0.355 high this week. if it loses $0.3376, i'm wrong on this and there's nothing to defend, the Arc story doesn't save a broken floor.
holding $0.3376 or losing it?
follow me for more calls like this.
Curve's own account says they're live on Arc now, offering to help any stablecoin spin up a pool there, FX markets included, with simulations and parameter tuning before it goes live. that's Curve doing what it does best, wiring itself into every new stablecoin chain that shows up.
Curve's own numbers back it up too, reUSD and sDOLA sitting near 9.9% right now, top USD pools running above 15%. real yield still moving through these pools while $CRV itself just grinds, up 2.07% on the week. plumbing income outlasts a headline pump, that's the bet here.
CRV trades at $0.3519 right now. if it holds $0.3376, i think it works back up toward that $0.355 high this week. if it loses $0.3376, i'm wrong on this and there's nothing to defend, the Arc story doesn't save a broken floor.
holding $0.3376 or losing it?
follow me for more calls like this.
