Collateral, not yield, will decide which stablecoins win
CoinDesk·
60-second summary
The stablecoin market is rapidly approaching $50 billion in market capitalization, driven by yield-bearing stablecoins, but Artem Tolkachev, chief RWA officer at Falcon Finance, argues that the industry is focusing on the wrong metric, emphasizing collateral instead of yield, a shift that could significantly impact the market and influence which stablecoins thrive.
As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.