Ethena's USDe Crosses $10B Supply on Yield-Bearing Demand
The synthetic dollar has grown into one of the largest stablecoins on-chain, defying earlier scepticism around its delta-neutral funding model.
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The synthetic dollar has grown into one of the largest stablecoins on-chain, defying earlier scepticism around its delta-neutral funding model.
The yield-tokenization protocol has emerged as an unexpected centrepiece of the points-and-airdrop economy, vacuuming up restaked-ETH liquidity.
Issuers are competing for stablecoin TVL by passing more of the underlying treasury yield through to holders, reshaping the long-static stablecoin landscape.
On-chain rental yields and fractional condo ownership are quietly building one of the most boring, durable corners of the NFT economy.
Memecoin trading volume on Solana drove network priority-fee revenue to all-time highs, with implications for validator economics and stake yields.
The Council of Economic Advisers found that a full ban on passive stablecoin yield would cost consumers roughly $800 million annually in lost returns.
The terminology has been doing a lot of work that shouldn't be left unexamined. What looks like passive income is often just deposit margin paid back to depositors.