Are stablecoins a product or are they a feature that will be | SolanaLegend on Binance Square

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Are stablecoins a product or are they a feature that will be employed by everyone?
Starting to believe they will be the latter

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People will point to an example like memecoins as to why DCFs won’t be applicable to crypto. While it is true crypto is one of the most irrational liquid markets on Earth, markets are getting more efficient, and irrationality won’t exist forever. This is inevitable

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Monetary premium or economic security memes are relics of a bygone era when blockchains didn’t print revenue with median fees under $1

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Congratulations to MetaMask for integrating Solana 4 years late Welcome 🙏

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Congratulations to MetaMask for integrating Solana 4 years late

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The REV debate is interesting. There’s no doubt that once assets (L1s) have revenues they will be valued via DCF. For me, the more valuable upstream indicator is application revenue. Once companies derive a large amount of revenue and profit from using a blockchain for execution and settlement, this will also translate into more fees to the base layer as more businesses will demand blockspace and be willing to pay priority fees + tips to write to the block Chain revenue from trading is good, but the aggregate revenue of the app layer should be many multiples higher than the L1 itself, that’s how you know you have a platform. Ask yourself, what makes more money? AWS or all the businesses that use its services…

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