Although I have high hopes for the narrative of stablecoin memes, today I watched the USDP drama all day and perfectly missed it. Here’s a recap of how I missed it:

I noticed USDP when its market cap was at 3 million. I checked the narrative and found it somewhat interesting, but after looking at the front runners, I didn’t see any leading indicators, so I just gave up.

Another important reason for giving up was that I was focused on USDUC, waiting to make a move on USDUC. Suddenly, something new appeared, but it didn’t attract enough attention.

Later, a group friend mentioned that the Genius Act for stablecoins was about to be voted on, so I quickly checked the information. Indeed, according to the latest news, the U.S. Senate plans to hold a final vote on the "Genius Act" for stablecoins on June 18, 2025, with the specific time to be determined by the majority leader.

After checking the information, I suddenly realized that the whales had picked a good time to make a move. Unfortunately, by then, the market cap had already reached 30 million, and I really couldn’t take action.

So I continued to watch the drama, and now it’s at 55 million. 😅

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