"Low-risk DeFi" is having its moment.
Stablecoins were the first crypto product to achieve global product market fit.
Now, they've evolved into something more than just a payment tool.
Led by @ethena's USDe, yield-bearing stablecoins are becoming increasingly attractive as markets trend deeper into risk-off territory.
Our latest issue of @machinesmoneyA1 explores how this growing segment of DeFi combines professional asset management with stability.
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