Stablecoin incentives now run on real revenue.


Issuers reinvest the t-bill yield from their reserves into onchain markets, and PYUSD users are responding: borrows already equal 29.2% of market cap, the highest share among major stablecoins.
Data is from DeFiLlama.
PYUSD0.02%
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned