ok so this is actually interesting because like... everyone's been chasing ICOs, RWAs, Neobanks, AI agents and memecoins while insurance...

literal INSURANCE is just quietly building real cashflow onchain

the thing that gets me is reinsurance specifically, this appeared as a narrative a couple of years back and i think it will resurface to be the strongest pmf in crypto.

not even the retail insurance we think about. the insurance FOR insurance companies. $700B market. grows when shit goes wrong (which... always happens?) and @re just hit $400M TVL in under a year doing this.

no token yet. just stablecoins earning yield from actual premiums not some ponzi farm emissions

the reUSDe thing is smart, basically you take on the underwriting risk and get 16-25% APY when claims stay low. when we talk about ownerships coins by @MetaDAOProject like $AVICI its be your own bank meta... and now you're literally the insurance company.

i believe this will be one of those obvious in hindsight plays.

treasuries > bonds > as institutional grows bigger > reinsurance

watching this NEO FINANCE

https://x.com/arndxt_xo/status/2010855830720266360