USDC Shows Why Stablecoin Risk Analysis Is Not One Signal
Base led transfer activity. Ethereum led net supply expansion. Same week, different risk signals.
Base led transfer activity. Ethereum led net supply expansion. Same week, different risk signals.
Tokenization puts the claim on-chain, but custody, compliance, and settlement still depend on surrounding infrastructure. (Image generated by the author with...
Conservative run output on a 500+500 Arbitrum governance/control cohort. Node colors encode node/evidence types in the visualization, not governance-vs-contr...
Hero image: ChatGPT generated.
Not all state behaves the same. Some stays hot. Most goes cold. Some comes back.