Damus
TFTC · 8w
The American Bankers Association just sent a letter to bank CEOs across the country calling for "immediate engagement" on stablecoin yield policy. The banking lobby's top priority right now is making...
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The treasury to stablecoin yield arbitrage gap can close in three ways:


1. Stablecoin yield down.
2. Treasury yield up.
3. Somewhere in the middle.


I'm not the biggest stablecoin fan (fiat) but I love the banks getting a little fire under their asses when people have alternatives for yield.


Next, I wonder what regulations will be imposed on products like STRC...