Bullish:

• 🟢 $STABLES - Decentralized stablecoins like Bold offer advantages over centralized alternatives, including sustainable real yield and reduced counterparty risk. The recent depegging of USDC due to bank issues highlights the need for more robust, decentralized stablecoin solutions.
  • “Now with Bold, that's the name of the new stablecoin compared to LUSD, you get, native, sustainable real yield because you get the yield of the borrowers. So I think that's a really interesting feature of a stable coin.” - Michael (54:05)
  • “We we saw USDC depegged. Why did de depegged? Because there's dollars in a bank account, and people woke up one morning and realized that the bank that those dollars were in no longer existed, and that the Federal Reserve had to come in and kind of bail them out, and they may not.” - Colin (46:00)
• 🟢 $DEFI - 🔒

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Bearish:

• 🔻 $CEFI - 🔒

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