Stablecoin supply up and to the right

How to capitalise on the current stablecoin supply increase? USDT is dominating, banks about to launch their own stablecoins, GENIUS bill now a thing, there must be a way.

Buy bitcoin.

More stablecoin issuance = more fiat printed out of thin air.

List of new stablecoin projects:
- ASF, backed by Fidelity
- OHM, still going from last cycle
- SPOT new AMPL stable
- ETHENA, late to the party and for whales only
- GHO by AAVE, looks good but low yields
- PINTO, possible high yields if it takes off
- FRAX, also last cycle and still kicking
- f(x)USD, this one looks real interesting if you trade leverage on chain

What we really need is a truly decentralized, capital efficient and scalable stablecoin to compete with USD and create real economic value on chain. Otherwise there's gonna be hundreds of different stablecoins and Tether will continue to dominate, which is gay cos they can censor at will

holys hit YES BANKS YESSSSSSSSS I WANT BANKS

Really interesting would be a stablecoin that gives apy from bonds. Tho aave gives apy too.
People saw the billions of profit tether makes from bonds and want to launch their own stables now.

so these are all just privatized money printers right?

I hold dai because its decentralized

true, but returns on BTC at this time are limited. Just sold off my last but of BTC for this cycle, time to rotate into ETH

Has this been done? Figure they all hold UST's, which is good for the USAG since give them another buyer

exactly, and after this new bill every big bank will have one, but yields will be small since they'll work together

DAI is mostly USDC now, and it can't scale since it's collateralized but yeah at least its more decentralized than most

bitcoins is just a memecoin its not defi

buying link gives you direct exposure because its the infra for all this to work.

Stablecoins require oracle price feeds to be pegged consistently. Big moment stinkers, especially on ethereum.

I can't find any source besides your screenshot that it has anything to do with ethereum. Prove me wrong?

Have we got any confirmation their stablecoin will be on ETH or is this just hopium?

Fell for it again award.

Stablecoins require oracle price feeds to be pegged consistently

Where did you get this idea? I'll give you a peg that doesn't require an oracle price feed

You can create X USD Pegged Tokens for X USD at Y Fee

You can redeem X USD Pegged Tokens for X USD at Y Fee

by no arbitrage an efficient profit-seeking market will keep the peg since any depeg beyond the fee rate can be readily arbitraged. No oracle needed.

Thats if they want a basic redemption model since theyre literally one of the biggest banks and can rely on off chain data verification. But if they want to interact with more aspects of defi and collateralization other than USD or utilize smart contracts then yes its needed. But why would they only put one foot in the door? Defi has many more useful applications such as instant liquidations, automated lending, borrowing, synthetic asset swaps, and dynamic interest rates.

It would be hard to believe theyre only going to do a redemption based coin and stick to it

instant liquidations, automated lending, borrowing, synthetic asset swaps, and dynamic interest rates

what a bunch of useless bullshit

Isnt that aaves biggest profit model?

Bitcoin loans on coinbase (powered by morpho) have price feeds that leverage oracle services from chainlink. So its a very real technology

docs.morpho.org/overview/resources/contracts/oracles

So other than basic redemption models on their own chain/platform no they dont need oracles as long as they are big enough to back up. But heavy hitters in the startup area utilize it to gain an advantage

Bitcoin loans on coinbase

why the FUCK would anyone do that

aaves biggest profit model

who the fuck cares about a washtrading degenerate (((lending))) protocol

Thats where youre missing the point with "tokenizing assets on chain" its not just with bitcoin. It allows anything to be collateralized with your legal name binded to it. Such as reverse mortgages, using your car, so if it allows jp morgan to give MORE loans to its consumer basis with an automatic liquidation trigger rather than a manual process. It clear up many operating costs with handling a business.

You know people do reverse mortgages on their houses even though you dont agree with it.

who the fuck cares about a wash trading platform

Anyone who is watching from a distance and is trying to get in on that similar action. Thats literally bread and butter

considering aave has over $25 billion in tvl i think quite a few people

"tokenizing assets on chain" i

why would anyone desire to create a derivative asset based on a derivative of a derivative? sounds like the biggest bullshit scam that was ever conceptualized

It allows anything to be collateralized with your legal name binded to it

WHY?

it allows jp morgan to give MORE loans to its consumer basis with an automatic liquidation trigger rather than a manual process

it allows the bank to issue MORE fake loans and then automatically bankrupt you!!

are you insane? this sounds like a nightmare scenario

dude you don't understand, it's for degenerate gamblers

yes, amazing usecases you got there pal
I genuinely cannot think of a single legitimate reason to use all that shit, and I'm willing to bet you haven't used it either

considering tvl is a made up, cumulative, meaningless jargon metric, it really is nothing

Are you just begging the question or just intentionally ignoring "trillions in tokenized assets". And yes, that nightmare situation is their game plan. They want your assets on chain with legal precedence without paying 10 middle men to facilitating taking your house away because you reversed mortgaged your house or couldnt pay your car so they out a lein on it.

you have no idea what you're talking about. every $ is verified onchain you can look yourself.

meaningless

go check up how much aave is earning in fees because of this 'meaningless' metric

WHY?

???
because it makes them money ... what the fuck are you smoking?

Havent you realized that 80% of the population are NPCs? they'll take a loan to buy a fucking hotdog. this form of exploitation will never end

Its actually as bad as it sounds. Your lease is really on a blockchain and if any conditions are met its automatically triggered against your will

Ive got .5 BTC and collateralize a portion time from time to pay for emergencies instead of selling my coin at any point.

you gotta play deus ex (1) to understand what's about to happen.....I just know there's some newfag here who hasnt played it

are you intentionally ignoring the "trillions in tokenized assets" meaningless marketing catchphrase?

yes, glad we could clear that up, nobody wants this, it's bullshit

yes, that nightmare situation is their game plan.

no thanks

why do people engage in fraud? CAUSE IT MAKES THEM MONEY, DUH

I'm asking what are the LEGITIMATE REASONS for you as a user to utilize it you imbecile, I'm not asking what is the motivation of the aave scammers

dude the cattle are retards, ok?

sure
at least you're honest

Ive got a stable job and can repay a small part i loan myself back. Instead of selling and triggering a taxable event, loaning yourself does not.

But its not marketing, its actually a precedence they want so they dont have to pay physical employees for the cost of operation. Whats happening in Defi is a strong precedence on whats to come in a few decades at most.

great, still sounds like a fucking sham, I'd never get a loan no matter the circumstances but you do you
I get it, it's a method of acquiring more fucking debt created by even more nothing than ever before, much wow, much future of finance

sure sure, 2 more decades until the bankers can cheat you even more efficiently, wow the 4IR ladies and gents

Well how else are you supposed to "cash out" without triggering a taxable event

move to the caymans or any other tax heaven and swap for fiat like every normal person

why would someone need legitimate reasons? they wont even know their shit is on some blockchain retard. And if they know, it wont matter to them, because nothing will have changed in terms of user experience. you were talking about tokenized assets not aave.

CIA sleeper agents stationed in the cayman islands activated immediately when you connect your phone to the local gas station wifi

They really want your assets on chain so if you dont pay your loan on time your NFT reverse mortgage automatically puts a lein on your house and immediately onto the housing market due to a legally sound blockchain ecosystem

the key takeaway here is that the people advocating for blockchain tech are actual morons

bro DLT will make JP morgan an even more efficient loans issuer!!

bro DLT will physically lock you out of your car and house if you don't pay them digital funny money!11

This also reduces the time to do so from more than 45 days ultimately up to 5 days to process a reverse mortgage

Non sequitur autism mixed with contrived questions that nobody is really going to spend time answering. All about the whataboutisms.

Yup, its already a proof of concept

the piexels hurt my eyes

t. A.D. 2000 baby

also 05/25/25 feels like an evil day for the elites

but you did answer every one of my questions
the post you quoted had exactly questions in it, contrived or not
you're an actual moron, aren't you?

had exactly 0 questions in it

fixed

When all logic fails, the perfect fallback is emotional rhetort

Yes, they do want to lock you out of your car because you couldnt make the payment on time and finality is almost instant

who are you talking to? you answered every one of my questions, and I reached a logical conclusion based on your answers
and now you keep reinforcing my conclusions
are you okay?

Youre really just here to argue without any substance. Thats why youre back peddling with sarcasm and pieces of word salad that doesnt make sense.

that doesnt make sense

it wouldn't make sense to a brainlet that's for sure
there's nothing to argue for, the fact that you're advocating for this bullshit makes you a retard

guise guise the jew banks want to implement prison planet but get this, they will allow US to profit if we buy a couple of their crypto scamcoins, trust me guise

that's (You)

but guys i was only pretending to be sarcastic and a contrarian, believe me

are you illiterate?
I'm not pretending to be anything