today i went down the rabbit hole on @noble_xyz again and it finally clicked why people keep calling it “quiet infra”
they’re not just talking native $USDC from circle or $USDY with ondo or even their own $USDN. the whole stack is literally built around stables as the main character. appLayer rollup for speed, cosmos + ibc for reach, and a clean lane for regulated stablecoin issuance that doesn’t feel like a science experiment
if stablecoins really go to trillions, you want to be sitting where they’re minted, not just where they’re traded
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