foobar
@0xfoobar
It never made sense to have tokenized dollars instead of tokenized short-term treasuries. Billions of dollars of Circle/Tether revenue from holder laziness. Wonder if that arena starts getting more competitive now that interest rates are nonzero
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Giuliano Giacaglia
@giu
Interesting!
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Aman Dhesi
@aman
Corollary: will non-zero interest rates reduce the stablecoin market cap? Why keep your money in risky stables when you can get risk free 4% yield
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Syed Shah🏴☠️🌊
@syed
Wonder if the gov decides to get in on the action as first step into DeFi.
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