➥ Following up from yesterday’s experiment with @Theo_Network I decided to look at the broader metrics to understand why this category is accelerating so fast. The numbers speak clearly 👇 - Total value locked: 195.53M - Monthly growth: +60% - NAV remains stable at ~1.01 - Holder count jumped to 285 (up more than 17x) $THBILL sits in a sweet spot: institutional-grade backing, predictable yield, and the familiarity of a stablecoin. It behaves like a safer version of a stable asset while still earning money in the background. This is why I think yield bearing stables could shape the next big wave. They solve a simple problem , stablecoins don’t pay you. These new models do. Yesterday I tried farming points. Today I’m starting to see the bigger picture. I’ll keep exploring the ecosystem as it grows.