The stablecoin hype continues to grow! 📈 @Circle's IPO is just the start. In this edition of CTD @cryptohayes warns of CRCL’s overvaluation, explaining that "The BBC" Treasury is pushing stablecoins like JPMD not for financial freedom, but to unleash 10.1T of bank buying power for US debt via SLR exemptions & IORB cessation. More on @cryptohayes projections for the future of stablecoins: https://blog.bitmex.com/quid-pro-stablecoin/