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Which industries/countries frequently use stablecoins as a
form
of settlement/transaction?
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OuroborosCap8
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$RESOLV - 1000% -ve annualized funding. - Spot orderbook thin as paper. - Tight float over the next couple of days. - Trading well below 1x TVL/FDV. Just waiting for this to get squeezed.
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Going forward I see a bifurcation of i) large/already made it platforms getting increasingly regulated at the expense of killing the ethos of privacy and freedom vs ii) offshore/unregulated platforms attracting users that care less about where the platform is regulated as long as trust can be established (e.g. on-chain). Both can grow.
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Anyone has views on why 70bn USDT sits on Tron, the chain with the most USDT (yes, more than Ethereum). And else where, where it can be productively earning yield in DeFi?
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