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CoinDesk·4 min read·hard

Collateral, not yield, will decide which stablecoins win

A
Artem Tolkachev
Collateral, not yield, will decide which stablecoins win
AI Summary

The author argues that the long-term success of stablecoins depends on their utility as collateral in financial markets rather than the yield they offer. While high yields attract initial attention, true adoption requires integration into trading and lending venues.

It is also, I'd argue, a race to optimize the wrong metric.

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