Adrian Vasiljevic on Stablecoins, DeFi Rates, and Risks
Key takeaways Stablecoins offer perceived safety and efficiency over traditional banking systems. The global and permissionless nature of crypto makes it an excellent distribution channel. DeFi interest rates are currently low, often aligning with traditional finance risk-free rates. DeFi lending markets face challenges due to a lack of necessary infrastructure. Over-collateralized lending is a strength