order-book depth is underpricing desk risk limits
Meanwhile, stablecoin settlement can either confirm the move or expose it as temporary.
Desks that separate stablecoin velocity from stablecoin settlement tend to react less emotionally to noise.
Put beside current chatter on “Stablecoin Payments Are Fast. But They Have a Cost Problem,” the incentive problem looks clearer.
Positioning often matters more than the headline itself.
The gap between sanctions screening and liquid staking is where false confidence usually builds.
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