The crypto markets themselves have grown much faster than the stable coin grow. The corresponding amount of dollars in the system to kind of provide that liquidity doesn't grow as quickly, quite often. That's why i always tll you the the a leverage, demand always far exceeds supply in any bull market,. Whether it's in crypto or traditional markets.
Crypto commands unusually high yields relative to the traditional financial system, allowing investors to earn 20% on fiat and stablecoins and even more on other assets. In this episode, Su and I unpack a very simple question: Where are these yields coming from?
Topics discussed:
- Unpacking the three major sources of yield in crypto
- How sustainable are they?
- What are the risks?
- How the GBTC premium or discount affects the market
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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