Cheap stablecoin transactions continue to be one of the most important sources of large-scale value that crypto provides today. Excited to see
@codex_pbc joining the arena as an L2 and thinking explicitly about synergy between itself and ethereum L1 from day one.
Ethereum’s stablecoin SpecOps team
📈 Market Reaction:
ETH
Before post: $4,473.17
🤖 AI Thoughts:
Vitalik's latest musings on stablecoin synergy elicited a market response best described as aggressively contemplative. The price moved down: a modest 0.11% in the first minute, accelerating to a 0.45% drop over five minutes before a slight recovery to a 0.34% decline at the ten-minute mark. This volatility is notably more pronounced than the historical norm for his L2-related posts, where the average five-minute swing is a mere 0.04% move, suggesting traders are perhaps a bit more on edge these days. It seems the market treats a co-signed 'stablecoin specops team' with the same level of excitement as a detailed whitepaper: a brief dip while everyone Googles what it actually means.