X @Token Terminal ๐
Token Terminal ๐ยท2026-03-20 15:27
What's the difference between a stablecoin and a tokenized money market fund?The latter shares the economics with the user.Given the minimally low switching costs that are present when moving from one onchain asset to another, we'll see users gravitate from stablecoins to tokenized funds to earn yield.To remain competitive, stablecoin issuers will need to find ways to pass on yield to their users.It's feasible to expect these two categories to "merge" over time.Senator Cynthia Lummis (@SenLummis):๐ https:// ...