Edit: this is one of the reasons I’m optimistic about the future of ethereum. The stablecoins have become so critical for defi that it’s hard to imagine another platform (like polkadot) gaining critical traction needed to overtake it.
I was completely blown away with the design of the Anchor protocol that they just launched
I really hope that project continues its success.
And you can borrow stablecoins for your BTC without selling it.
False premise. Some people are making money, but only at the expense of others. There is no value being created here.
Given it was successful despite being a cargo cult (the plane landed QED), by symmetry the ability to make money with cryptocurrency doesn’t make it not an economic cargo cult.
(One must do more that this to show that it is a cargo cult, rather than that it is still possible for it to be, which I say despite liking the cargo cult comparison and being generally very against cryptocurrency).
Tron is growing ... USDC is multichain as well.