By 2020, stablecoins became a common onchain asset....Soon, algorithmic & CDP-backed stablecoins (UST, DAI) would emerge, trying to achieve price stability...Stablecoins are demanded where the most onchain user activity resides....Source: https://www.fireblocks.com/report/state-of-stablecoins/?
...algorithms with a competitive edge that would lead to better price discovery and transform it into the algorithmic...This predictability is essential for sophisticated algorithmic strategies....While not directly perceptible to average users, this algorithmic activity has downstream effects of ...
Table: Stablecoin Market Caps Continue Expanding
Other stablecoins, including BUSD, DAI, and TUSD, posted...Designed to create a comprehensive federal framework for payment stablecoins, the bill moved out of the...requirements for fiat backing, issuer licensing, and regulatory oversight, while explicitly prohibiting algorithmic...
Today, stablecoins are quietly collapsing another cost curve: the marginal cost of moving and storing...This brings us to stablecoins....Stablecoins and blockchains solve both issues concurrently. ...Fintechs like Robinhood and Revolut are launching their own stablecoins....You’re not bullish enough on stablecoins.
DeFi sits at about $90B, down from over $180B in 2022, even with the circulating supply/market cap of stablecoins...deposit assets into shared pools
Centralized Borrowing: Borrowers draw from the same unified pools
Algorithmic...
The pace at which Squads is recreating the entire payments stack with stablecoins and onchain rails is...The goal is to completely remove the barrier between on and offchain capital movement using stablecoins...Fuse Card is a virtual Visa card that enables everyday, real-world spending of stablecoins directly from...
Thesis #4: Stablecoins and Global Payments
In 2023, global GDP was ~$100T....This is perhaps the most bullish tailwind for stablecoins — cross-border payments is uniquely a public...This suggests that the adoption of stablecoins in these regions comes with the dual-benefit of cheaper...
Stablecoins are room-temperature superconductors for financial services....Stablecoins 2.0: Revenue-Sharing Stablecoins
Intuitively, the most obvious beneficiaries of these structural...This had led to the rise of a new cohort of stablecoins: revenue-sharing stablecoins....Fintechs like Robinhood and Revolut are launching their own stablecoins.
...transactions to instant digital transfers, social networks progressed from basic messaging to complex algorithmic...will determine which companies can maintain authentic human usage rather than being overwhelmed by algorithmic...
Stablecoins, Narrow Banking, and the Liquidity Blackhole
For over a century, monetary reformers have...This is where stablecoins come into the picture....The focus here is the role of stablecoins in the monetary structure....And while narrow banks were regulated out of existence, stablecoins have no such constraint.
Stablecoins and APT comprise the vast majority of volume on Thala....A lot of this just boils down to the sheer amount of stablecoins on Aptos....USDT currently comprises nearly 70% of all stablecoins on Aptos....For starters, users should be able to seamlessly spend their stablecoins....Ethereum became the primary issuance hub for stablecoins.
...strong operational expertise) or construct highly technical DeFi systems leveraging cryptographic and algorithmic...RWA (excluding stablecoins) is one of those rare up-only charts that we love to see in crypto....Stablecoins & Payment Infrastructure
While speculative tokens fluctuate wildly, stablecoin supply...
Introduction
Are CDP stablecoins toast?...increasingly difficult to justify the resource-intensive liquidity pools necessary for decentralized stablecoins...Deconstructing CDP Success
Liquity v2 looks promising, but stablecoins have become highly saturated,...interest rate
Let’s begin by analyzing other CDPs in their heyday.
2021 was the golden era for CDP stablecoins...
...incubated by Aftermath on Sui, is a vault system that lets users deposit assets, bridged or native, to mint stablecoins...Aftermath are experimenting with new primitives that feel native to Sui’s architecture, object-based stablecoins...
...the onchain economy as of October 2024, and analyzes several use cases behind that growth, including stablecoins...Total Deduped Stablecoin Volume
One key area of onchain economy growth is stablecoins, which enable onchain...Total real world asset value, excluding private credit and stablecoins, across networks stands at $3.92...
...that devs and users need and get from other ecosystems (e.g. wallets, oracles, native bridges, native stablecoins...To be fair, this is likely to be abstracted away over time, with most L1s & L2s enabling stablecoins...
Crypto’s biggest wins so far have been in finance: store of value assets, stablecoins for payments, swaps...With stablecoins running the show here they can deliver instant settlements and offer round-the-clock...All chains can support your average DeFi primitives, stablecoins, NFT marketplaces, DePIN networks ,and...
Stablecoins are the operational liquidity layer for crypto markets....A breakdown would imply capital rotation out of stablecoins and into crypto risk assets....One of those fireworks creates an explosion in the sky almost a kilometer long
Liquidity’s coiling, Stablecoins...