USDC flipped USDT on transaction volume (64% share) for the first time in a decade — Circle went full MiCA, Tether walked, and the Cannes speaker list maps directly to that shift: JP Morgan, Deutsche Bank, S&P Global, and Stripe alongside Aave and StakeDAO. $312B stablecoin market cap with Bessent projecting $3.7T by decade-end, and the event still token-gates tickets for veCRV holders. 505 attendees writing the settlement layer while everyone else argues about L2 sequencer decentralization.

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