Everyone is suddenly launching a stablecoin.
Because #
stablecoins# might be the best business model in crypto right now.
Here’s the simple model:
▫️ You deposit $1
▫️ They give you $1 in stablecoins
▫️ Your real dollar gets invested into US Treasuries
You keep the stablecoin and they earn the interest.
2024 estimated revenue from Treasury interest alone:
🔹 Tether ($USDT): $7B
🔹 Circle ($USDC): $1.7B
🔹 Ethena ($USDe): $320M
🔹 MakerDAO ($DAI): $200M
More users → more deposits → more yield.
That’s why stablecoins are becoming one of the biggest businesses in #
crypto# right now.
Which stablecoin project are you most excited about right now? 👀