Did stablecoins break crypto’s native-token thesis? @dankrad from @tempo (ex EF) says yes. For years, the assumption was clear: activity on a chain would mostly flow through its native asset. But once stablecoins started replacing native tokens in monetary applications, that thesis broke — and Ethereum’s economics changed with it. Watch the full episode to understand what this means for ETH, L2s, and the future of onchain finance. Full episode: https://x.com/DefiantNews/status/2058956303851020797?s=20(The Defiant)