📈 DeFi doubles its TVL. 🏦 Citi eyes its own stablecoin. 🇺🇸 Trump crypto ties back in spotlight | From Wall Street to WLFi, this week blurred every line. This is your Dispatch 🧵

👉 Why this matters: This isn’t a copy-paste of 2021. TVL is growing alongside real usage, cross-chain infra, and more durable incentives. 💭 Are we in the early phase of a more mature DeFi cycle?

👉 Why this matters: ETH is gaining traction not just as a tech layer, but as a capital asset. These flows signal growing institutional conviction in @ethereum's role beyond speculation. 💭 Will ETH ETFs flip BTC’s dominance in institutional portfolios?

👉 Why this matters: Vanguard might not buy spot Bitcoin directly, but holding @Strategy means serious indirect BTC exposure. 💭 Will indirect exposure become the gateway for TradFi to embrace BTC at scale?

👉 Why this matters: WLFi’s move highlights how on-chain assets are intersecting with public figures and media narratives. 💭 Are we entering a new phase of political tokens influencing real-world power?

DeFi’s momentum is real — from ETF flows to bankchain stablecoins. TVL is climbing. TradFi is dabbling. And the headlines keep surprising. Which story stood out to you this week? 👇