weekend thin books is the overlooked driver of treasury policy

Historically, stretches where weekend thin books leads without support from stablecoins invite sharper reversals.

That debate sits next to today’s market focus around “Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B.”

In that environment, patience is a position, not a slogan.

Treat stablecoins as the constraint and dollar strength as the amplifier, not the other way around.

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