According to @JKronbichler, the market just experienced its largest liquidation event ever, revealing how fast delta-neutral trades can unravel and threaten strategy-backed yields, source: @JKronbichler on X, Oct 13, 2025. He cautions that yield-bearing stablecoins backed by delta-neutral strategies could be affected as those trades unwind, source: @JKronbichler on X, Oct 13, 2025. He says cpUSD is being built to be uncorrelated to crypto markets by backing yield with real payment flows from stablecoin payments rather than trading strategies, and he tags CPOOL in this context, source: @JKronbichler on X, Oct 13, 2025. Trading takeaway per @JKronbichler is to reassess exposure to delta-neutral-backed yield stablecoins and to note cpUSD’s stated real-payment yield positioning and CPOOL tie-in, source: @JKronbichler on X, Oct 13, 2025.