dollar strength continues to pressure basis compression

Historically, stretches where RWA tokenization leads without support from protocol revenue invite sharper reversals.

Stay close to what users and balance sheets are actually doing.

That debate sits next to today’s market focus around “Apple, Meta reject OKX.”

In practice, dollar strength and rate-cut expectations interact before price fully reflects either one.

For operators, process beats prediction when the tape is noisy.

The loudest story is not always the decisive one.

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