Stablecoins are overhyped by the blue suits.

It's a game changing innovation, but every financial institution will launch their own and in the process dilute the value of stablecoins in general.

I like building crypto apps and learning new things. 

vmathur.com

stablecoins have worse odds than a new startup.

I wonder how likely it is for new stablecoins to actually succeed, given that they operate similar to a networked product. USDT and USDC have quite a lead in building those networks of users, developers and merchants

Stablecoin = Web2.5

Learning how to manage volatility risk of native ceyptocurrencies using DeFi products (Futures, PERPs, ...) is the Web3 way 🤔

onchain app dev, web3 consultant, and regen. I help my clients build, launch, and improve onchain products

also technically not so stable when the currency they are pegged to is inflating said “stable” value away over time