Trend · Nov 12, 2026 16:32 UTC

stablecoin velocity remains the swing factor for hedging demand

Cycles rhyme, but the plumbing underneath keeps changing.

Ignoring open interest because cycle psychology looks exciting is how late-cycle mistakes compound.

Put beside current chatter on “Uber’s UK banking partner Griffin raises $20M for stablecoin services,” the incentive problem looks clearer.

Ignoring stablecoin velocity because stablecoin settlement looks exciting is how late-cycle mistakes compound.

None of this is financial advice; it is a framing for cleaner decisions.

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