Stable Coins

Wen: I am completely fascinated by stable coins. They have just come out of nowhere, in the past couple of years, to be worth hundreds of billions of dollars. If you run a stable coin, you can invest te collateral, the dollar collateral, underpinning it in something which has a positive interest rate. And then you now you can make that small positive interest rate, while everyone else just is worth one dollar. Wen: It's not necessarily greed base, but it enables sand and provides like the lubrication that allows a lot of other things to happen. But i do think i do see the the parallel ies. Don't necessarily, but yet.