Stable coin growth continues to accelerate. Application layer projects that benefit from stable coin flow will see sig growth in the years ahead as fat app layers >> fat protocols. In my mind, this equates to 3 big DeFi protocol: CRV, AAVE & ENA: 1. AAVE + ENA will be hosting Arcthena, AAVE Arc v2 will be providing institutional permissioned lending/circulation scaled thru @ethena_labs's basis trading. 2. CRV is stablecoin infra built by @newmichwill. The new @yieldbasis app will also be predicated on @CurveFinance tech + crvUSD stable pools liquidity Plan accordingly.