The Capital Suck
The Capital Suck Each $1B of new stablecoins generates roughly $122B of annual economic activity with 122x velocity and $19M in protocol revenue Stablecoin supply has grown 60x since early 2020 to around $300B, producing billions in annual revenue across the onchain economy The same flywheel is now pulling institutional capital and tokenized RWAs onchain in a great migration of all assets https://x.com/jonah_b/status/2048837866038415690?s=20
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