“Stablecoins should generate interest for users.”
@cz_binance framing points to where stablecoin design is heading:
→ Stablecoins becoming global settlement rails
→ Reserves increasingly held in yield-generating assets like US Treasuries
→ Tokenization makes those reserves usable on-chain
→ Yield can be passed to holders without compromising 1:1 backing or reserve discipline
USDO reflects this design: a regulated yield-bearing stablecoin fully backed by tokenized US Treasuries.