Stablecoins with No Use-case
Stablecoins Everywhere, But Where Are the Markets to Use Them?
Last updated
Was this helpful?
Stablecoins Everywhere, But Where Are the Markets to Use Them?
Last updated
Was this helpful?
The crypto space is flooded with stablecoins, yet they offer little beyond holding value. Even as a holder, what can you actually do with them? Can you buy crypto directly? No, they’re often swapped into USDC or ETH or SOL first. Can you use them seamlessly in order books? Absolutely not — USDC dominates there too. Are there meaningful utilities elsewhere? Perhaps, but they remain limited.
Stablecoins promised to revolutionize DeFi, yet their utility remains painfully narrow. It’s time to rethink how stablecoins integrate with broader markets and unlock their true potential beyond just sitting idle or being intermediaries in swaps. DeFi deserves better.
