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Collateral, not yield, will decide which stablecoins win

CoinDesk· Artem Tolkachev · Jul 5, 2026 · 1:00 PM
Collateral, not yield, will decide which stablecoins win

As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.

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