user retention is rewriting assumptions about treasury policy

If both user retention and stablecoin velocity improve together, follow-through is more believable.

The gap between funding rates and Asia session flows is where false confidence usually builds.

Against the backdrop of “Anthropic IPO Valuation Could Be Slashed in Half to $1T After AI Stock Rout: Report” and “Rule to Allow Crypto in 401(k)s Arrives at White House for Final Review”, positioning still matters more than slogans.

The healthier setup is alignment: user retention improving while stablecoin velocity stays orderly.

The healthier setup is alignment: user retention improving while stablecoin velocity stays orderly.

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