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People on a flight were overheard discussing stablecoins and trading oil on Hyperliquid. James Seyffart reported the conversation, noting the topics being talked about during the flight.
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Seyffart has previously reported on regulatory developments, including an IRS notice impacting in-kind redemptions and tax structuring techniques. He has also noted that the Roundhill memory ETF DRAM was trading near its late July low at around $46. His recent observations add to a series of firsthand accounts of market-related conversations and activity.