Episode Details
| Title | Live From DAS: Where is the Stablecoin Market Headed? | Roundup |
|---|---|
| Date | 3/21/2025 |
| Podcast | Bell Curve ↗ |
Key Insights
Bullish:
- 🟢 $SKY - Sky (formerly Maker) is conducting significant buybacks, repurchasing about 15% of its tokens annually, which suggests strong fundamentals and potential value appreciation.
- “They're doing about $500,000 of buybacks a day, annualized pace of like a hundred and eighty, hundred and ninety million. The FTV of the token is, like, I think, like, 1,200,000,000.0. So they're buying back, like, 15% of this thing a year.” - Vance (2:15)
- “The race for number two, it's kind of more unclear to me. It's like, does USDC really have that big of a moat, that big of a business, or is something that's yield bearing and that's dynamic and global going to take over? And I would I would bet on on USDS and Sky doing that.” - Vance (11:40)
- 🟢 $STABLES - 🔒
- 🟢 $DEPIN - 🔒
- 🟢 $TRADFI - 🔒