How to Stable Coins Generate Revenue?

Stable coin issuers generate revenue by growing reserves or generating a higher yield on reserves. Trust is the main reason that us d c is stealing market share from us t t, and one of the reasons that fot back stable coins remain much larger than algarithmic or crypto back stable coins. But each basis comes with additional risk - countries can fallento their debts during financial crisis. The history of financial markets is full of examples of things that should have been safe in most market environments blowing up spectacularly.