Stablecoins hit another milestone—$13.3 trillion processed in 2025, dwarfing Visa's entire annual transaction volume. This isn't just a vanity metric. When a massive DEX liquidated $1 billion from a lending protocol yesterday for redemption, the market barely flinched. That kind of composure tells you something about market maturity. Here's the real signal: stablecoin mints are running at 71x their market cap annually. Track those flows and you're watching capital itself move. This week alone saw $3.75 billion minted. Where does that liquidity end up? That's your leading indicator.