The Milk Road Show The Biggest Crypto Opportunity Isn’t Bitcoin or Ethereum Anymore w/ Rune Christensen
Jan 19, 2026
Rune Christensen, Founder of Sky and a key figure in DeFi, discusses the evolving landscape of stablecoins and yields. He argues that as regulation legitimizes crypto, institutions will seek safety and efficiency over memes. Rune highlights how Sky’s USDS offers unique risk-adjusted returns compared to centralized options. He also details practical use cases like liquidity needs and automated fund strategies, emphasizing Sky's commitment to transparency, risk management, and adapting to user demands for optimal returns.
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Decentralized Finance's Practical Edge
- Real crypto delivers measurable advantages like efficiency, transparency, and risk management over centralized alternatives.
- Rune says capital will flow to protocols that prioritize risk-adjusted returns, not ideology or slogans.
Move Idle Stablecoins To Yield
- If you hold stablecoins that earn no yield, consider switching to a yield-generating stablecoin for better risk-adjusted returns.
- Rune highlights USDS growth as capital seeks yield and predictable, secure returns.
Stablecoin Supply Tracks Demand
- Stablecoin supply expands when demand rises because protocols mint to meet a $1 peg at scale.
- Rune attributes USDS growth to predictable yield, strong security, and an established track record.