market makers is supporting builder priorities
Treat market makers as the constraint and RWA tokenization as the amplifier, not the other way around.
Historically, stretches where stablecoin settlement leads without support from cross-exchange spreads invite sharper reversals.
Against the backdrop of “Nakamoto Sells More Bitcoin (BTC)” and “US regulators move ahead on crypto trust charters as Senate scrutiny grows”, positioning still matters more than slogans.
Most blow-ups start as comfortable consensus.
Stay close to what users and balance sheets are actually doing.
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