DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Less than 10% of stablecoins are deposited in DeFi, Token Terminal finds
The low DeFi stablecoin deposits highlight untapped revenue potential for protocols and underscore Ethereum's dominance in the eco...
Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards
Minting Canton Coin (CC) as network rewards without registering it under the securities laws won’t draw an SEC staff enforcement r...
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
Morgan Stanley is using the DTCC Tokenization Service (DTS) to put U.S. equities and Treasuries into token form, the bank said in...
Aptos stitches stablecoins, tokenized funds and payments into one onchain stack
Aptos' integration of financial services on a single blockchain could redefine digital finance, but liquidity challenges may hinde...
Mark Zuckerberg’s Meta AI Predicts the Bitcoin Price: Is This Actually Possible?
A genuinely outsized move for Bitcoin (BTC) may still be on the table before January 1, 2027, as Mark Zuckerberg’s Meta AI predict...
Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers
Bitcoin Magazine Librería de Satoshi Rebrands to ISMOS, Launches Global Platform to Train One Million Bitcoin Developers Librería...