Think the market is underestimating how bullish it is for Aave and Morpho if stablecoins can't pass back yield.
If the issuers can't pass the yield back natively, they'll go looking onchain directly into vaults.
Trillions.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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