The $PENDLE positioning on stablecoins is sooo underrated.
After convo with @tn_pendle, I need to share this before my memory go lalala.
I asked TN:
"Will the stablecoin music stop like LRT (liquid restaking)?"
Answer is: NO.
> Stablecoin is different. Itâs a never-ending vertical â new liquidity keeps flowing in.
> More people hold USDT/USDC and always look for new ways to grow their bags.
> New stablecoin projects pop up fast to meet that demand.
> So they launch with gamified farming to attract users.
> Users farm â earn â rotate back to USDT/USDC â and repeat.
This loop wonât stop. It just shifts from one stablecoin project to the next.
And whatâs making this whole cycle running?
Itâs @pendle_fi â breaking all stablecoins into PT/YT and soaking up TVL.
Not to mention the upcoming Boros launch, perfect timing for trading funding rates.
Pendle is my long-term alt bet.
Not loud. But always working.
$PENDLE
(graphic credit: @PendleIntern The intern who roasts his boss for a hobby.)
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