X @Ignas | DeFi

RT Ignas | DeFi (@DefiIgnas)US banks lobbying to block stablecoin issuers from paying interest is actually a blessing.If Circle or Tether could pass through the yield, most people would just park money with them and stop there.Because they cannot, users are forced to move out on the risk curve and earn yield in DeFi.That flow builds Aave, Maker, Fluid, Curve, and every protocol that captures stablecoin demand.It grows revenue for DeFi tokens and strengthens the same ecosystem banks want to suppress.The more ...