pysger
@pysger
The post-2021 surge in interest rates made idle USD exposure less appealing. This paved the way for yield-bearing stablecoins and tokenized money market funds backed by short-term Treasuries and other RWAs. Issuers — both decentralized and centralized — pass on a share of yield to holders while keeping the net-interest margin. https://5264302.fs1.hubspotusercontent-na1.net/hubfs/5264302/special-insights/Stablecoin-Sector-Analysis.pdf)
0 reply
0 recast
0 reaction