2min chapter

The Defiant - DeFi Podcast cover image

Weekly Recap: Metamask is Tracking You

The Defiant - DeFi Podcast

CHAPTER

Is WBC Ready for Stablecoins?

The reason why we're not seeing all of these burned CFI users come to DeFi is because, you know, DeFi is not ready for them yet. I don't think it's a particular price or ratio. It's the speed of the move, right? So if it gradually starts trading lower and there's more of a fight, et cetera, that's fine. But if it's a disorderly liquidation, in which case, like BitGo comes out suddenly hypothetically and says, okay, the third of our Bitcoin is gone or something like that, then it could be a completeness"

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