Episode Details

The Rise and Rise of Synthetic Stables With Ethena
3/30/2025
The Gwart Show | Bitcoin Tech & Culture β†—

Key Insights

Bullish:

  • 🟒 $RUSDE - Athena is launching rUSD, a regulatory wrapper around USD that allows TradFi to access DeFi yields, presenting a significant opportunity in bridging traditional and decentralized finance.
    • β€œWe have, this product called r USD, which is coming out in, basically, the next couple of weeks. And I've written about this at the beginning of the year. It's basically like a, a regulatory wrapper that sits around USD that we can actually put it in a format that TradFi can consume.” - Guy (44:22)
    • β€œThe interesting piece about this is that this is, like, the core asset that we'll sit within within the chain, which is all of the areas that we found product market fit within USD, within DeFi, you can do within a TradFi context.” - Guy (44:22)
  • 🟒 $ATHENA - πŸ”’
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  • 🟒 $PERPDEX - πŸ”’
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  • 🟒 $CEFI - πŸ”’
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  • 🟒 $DESOC - πŸ”’
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Bearish:

  • πŸ”» $STABLES - πŸ”’
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