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Pretoria
@pretoria
Stablecoins aren’t the saviours of crypto volatility. In 2022, Terra’s UST depegged and crashed, wiping out $40B in days. In 2023, even USDC briefly lost its dollar peg after Silicon Valley Bank collapsed. These weren’t just one-off events. They exposed a hard truth: Stablecoins today aren’t as “stable” as we think. And if we want a real future for DeFi, we don’t just need assets that hold value. We need ones that can grow value. And that’s what @ResolvLabs is building. 🧵↓ You can read my thread on X: https://x.com/pretoria01/status/1919387599107469517
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