Stablecoins seem to be following these general paths: - Fiat-backed stablecoins (securing revenue based on US Treasury bonds) - Crypto-backed stablecoins (DeFi native yields and tokens) - On/Off Ramps - Geographic expansion: regions with USD demand but lacking financial
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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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