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Stablecoin Yield

Reads public data

Stablecoin pools above $5M, sorted by rate.

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About stablecoin yield

Stablecoin yield looks like a savings rate and is not one. The money comes from lending demand, trading fees, or someone taking leverage on the other side, and each of those can stop abruptly. Rates well above the rest of the market are not a better deal, they are compensation for a risk the market has priced and you have not yet identified — often the chance that the stablecoin itself breaks.

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