
🆕 Grayscale Research: US inflation is accelerating and the Fed is stuck. Markets see no cuts until Sept 2027.
We believe this points to three implications for crypto:
1/ Headwinds for debasement trades
2/ Tokenized fixed income accelerates
3/ Stablecoin issuers earn more on reserves
Read the full article from @LowBeta on the Stack: grayscale.com/the-stack/high…

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