From conversations I had, the number of different stablecoins that are going to be released in the next year is quite crazy. 

Having a hard time understanding what is the endgame of all this: Will we see a winner takes all eventually or will it be forever fragmented?

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

Hopefully not anymore carry-trade backed stablecoins - the yields are already near zero. In fact no more trade-that-won't-exist-in-a-few-months backed stabelcoins