memecoins have become an institutional tool.

half of ct thinks @Stable chain launched this week.
it launched december 8, 2025, with $2b in pre-deposits from 24,000 wallets, and paypal, anchorage and standard chartered as partners.
here's what the next 7 months looked like on-chain:
> launch week: 1,277 contracts deployed by 216 wallets
> by mid-december: ~110 per week
> january-february: ~100 contracts a week, from 20-30 wallets
so just a fantom chain.
then on july 22 the ceo of tether tweeted one word: "fefer."
24 hours later:
> $fefer at $8.8m market cap, +140% in a day
> 167,000 transactions in 24 hours
> rpc choking, bridges out of liquidity, the official account apologizing for the load
> trading bots, launchpads and the first nft mints live in under a day
$2 billion of institutional deposits produced 25 weekly deployers. one shitpost produced 167k daily transactions.
every corporate chain has now learned the same lesson: you can buy validators, partners and tps. you can't buy a reason to show up.
memecoins are that reason. tether learned it.