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@kyle

Why are we seeing strong competition among stablecoin issuers to be the quote token in perps (USDH, Dreamcash+Tether), but not in spot? The only example I’m aware of is Bonk and USD1. Why isn’t Circle out here signing deals with Pump, Clanker, etc? https://x.com/kyle/status/1995883112199299280
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