sky ecosystem deployed $50m into obex stablecoin incubator on day one. that's from a $2.5b mandate representing 47% of their entire treasury. framework ventures and layerzero backing rwa-backed stablecoin infrastructure before regulation kills tether's model. sky betting half their reserves that compliant alternatives capture the $118b usdt market when transparency requirements hit. first cohort q4 2025. they're not waiting for the rules, they're positioning for the displacement.
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