Damus
Btcfeen  profile picture
Btcfeen
@btcfeen
Here’s what people don’t see coming besides a select few. One of the few things stablecoin and crypto had going for them was defi and the ability to hold a stable value with a pseudo usd. I think stables have value for that reason. But now strc and the structured products around that will
Smoke any yield stables can provide, if it’s any at all.

The gov is wants to proliferate stables growth as a way to find buyers of its short term debt. But what happens when a coin based upon strc and stablecoin holdings pays 10% and is backed by BTC and not the gov?

People are SEVERELY underestimating strc’s TAM
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Brisket · 1w
I've been watching it since it was launched last July. It seems there's surprisingly very little appetite for the product so far. I can't really find a reason why it's not being embraced more, since I can't find a better option for fixed income investors. Very strange.