source avatarAxel Bitblaze 🪓

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$CRV is worth keeping an eye on as this bull market gets heated.. as it’s obvious that the stablecoin market will keep getting more crowded, and every new stablecoin needs deep liquidity before people can actually use it.. so on Curve, projects compete for gauge votes to direct CRV incentives toward their pools. so more stablecoins should mean more competition for votes and more CRV being locked. then there is crvUSD and Llamalend capturing the borrowing side too. with 851M CRV already locked and emissions falling every year, the setup starts making more sense if stablecoin activity continues growing.

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