TownSquare’s recent moves don’t feel like they’re just about “creating a yield protocol” anymore. They’ve just announced the completion of a $16.25 million Pre-A funding round, and the core direction behind it is very clear: to take the yield capabilities that were originally only available to institutions, bring them onto the blockchain for real, and open them up to retail users. Many people still treat USD1 as just an ordinary stablecoin, but what TownSquare wants to do is make USD1