TradFi just had its biggest stablecoin week in months — and most of us missed it:

> $CRCL Circle hit a $44.0B pre-IPO valuation. Up 100%+ in just 2 weeks. TradFi is betting big on stablecoin infra.

> Regulators are finally moving:
- South Korea issued formal stablecoin guidance
- The U.S. GENIUS Act is nearing Senate approval. This could become the first real legal framework for crypto dollars.

> Amazon & Walmart are reportedly exploring stablecoin integrations

> JP Morgan filed a trademark for JPMD, likely tied to a digital dollar product

While TradFi is trying to catch up, $USDe has already hit $6.0B+ in supply.

Recommend taking a look what makes @ethena_labs different and why it could ride the next $10.0B wave 👇