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sam trade
š The bigger story isn't SpaceXāit's the settlement layer behind it.
First, BTC perpetuals settled in USD1.
Now, Binance has introduced a SpaceX perpetual (SPCXUSD1), also settled in USD1.
This isn't just another trading product.
It's another signal that stablecoins are expanding beyond crypto-native markets and increasingly becoming the settlement layer for a wider range of digital assets.
As more products are priced and settled in stablecoins, they could play a growing role in connecting traditional finance with digital markets.
The headline may be SpaceX.
The longer-term trend may be the continued adoption of stablecoins as financial infrastructure.
That's the development worth watching.
#FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss
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