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What terminology should be used for stablecoins that pay out yield to holders?
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0xG00gly
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Trillions aren't just a @PlasmaFDN meme. They are becoming reality, faster than you realize Wild quote from David Sacks: "We could create trillions of dollars of demand for our Treasurys practically overnight, very quickly" https://www.theblock.co/post/355355/trump-crypto-czar-david-sacks-stablecoin-bill-trillions-of-dollars-demand-us-treasurys
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So apparently I am bullish on USDT, ETH and TRX?! Algo probably needs a bit of work.
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Over the last month - USDT: +$7.3bn - USDC: -$0.8bn Striking. Source: https://defillama.com/stablecoins
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Now sure why you guys are all dunking on ETH today. It is closer from its ATH than BTC actually is right now ($2.4k vs. $2.8k away from ATH). Who is joking now?
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Seeing 1 billion USDT minted used to be the gold standard for a risk-on market. But do you know what's even more impressive? Tether minting 2 billion USDT in under a minute.
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