This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Maybe I'm just short-term thinking but no yield on stablecoins is good for DeFi:
- Yield on USDC on Coinbase or holding via Circle? -> Stablecoins never leave their ecosystem
- No yield on stablecoins? -> Users forced to chase yield in DeFi.
This generates revenue for DeFi protocols, promotes innovation, and new models.
$AAVE, $PENDLE, $FLUID and other protocols would benefit.
Although native yield bearing stablecoin wrappers would be cool. Something like wstUSDC.