anyone actually using stablecoins there or is this just crypto twitter coping again?
No fixed cap, no interest.
True, but "no fixed cap" cuts both ways, if the issuer decides to mint more, you're exposed in a way you wouldn't be with a hard-capped asset.
Who's actually backstopping those stablecoins when the next domino falls?
anyone actually using stablecoins there or is this just crypto twitter coping again?
No fixed cap, no interest.
True, but "no fixed cap" cuts both ways, if the issuer decides to mint more, you're exposed in a way you wouldn't be with a hard-capped asset.