Collateral, not yield, will decide which stablecoins win
As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.
Source：CoinDesk
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Source：https://www.coindesk.com/opinion/2026/07/05/collateral-not-yield-will-decide-which-stablecoins-win