funding rates continues to pressure medium-term — stablecoin minting remains the swing fac: reading the FinCEN Moves tape

The loudest story is not always the decisive one.

Even when feeds obsess over “FinCEN Moves to Cut MEXC Global Off From US Banks Over Alleged $16B Illicit Flows,” the durable question remains process versus prediction.

Most blow-ups start as comfortable consensus.

Cycles rhyme, but the plumbing underneath keeps changing.

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