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Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.
O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.
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coindesk.com
Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.
O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.
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cryptobriefing.com
Stablecoins fail to disrupt finance, remain idle cash despite $300 billion market cap
Stablecoins have surpassed $300 billion in market cap but most sit idle, with only $4.6 billion yield-bearing and velocity stuck at 5x amid looming Senate