Been looking at Cardano flows after USDCx and the change is subtle but important. Stablecoin supply jumped meaningfully in a short time, and TVL reacted almost immediately. That’s usually how liquidity expansion starts: not explosive, but reactive to new rails. USDCx itself isn’t the story. It’s what happens when a chain finally gets a stablecoin that larger capital already trusts. Now Cardano actually has a neutral base asset to price, route, and settle around. With fees subsidized for the next 90 days, this is a clean window to see how much liquidity actually sticks.