X @mert | helius.dev
mert | helius.devยท2025-09-13 17:50
Prediction: in the endgame, you will not see the ticker on stablecoins at all.You will not have USDC or USDT; you will just have USD.Hyperliquid and the USDH ordeal have done the entire space a big service.If you're seeing all these issuers compete with each other down to zero, why shouldn't they do the same for other protocols with users?(Yes, I am aware that most large companies do negotiate a part of the yield to be returned to them behind the scenes, but even those companies are missing out on a ton of ...