Day 6 of Schizo's DeFi Musings --- Happy Memorial's Day to all my fellow Burgers out there! Hope you're enjoying your freedom and being grateful to those who fight for that freedom. Now, for today's rendition of DeFi musings we're talking about stablecoins. As @rektdiomedes once said, it is crypto's killer app and he's right. So how should you position yourself to take advantage of this? Well, in my view it's nigh impossible to get the golden goose of stables in Tether but you can get behind the infrastructure. Plays like $CRV and $CVX are obvious beneficiaries of this narrative and in the case of $CVX, they've been seeing really solid bribe numbers week in and week out. So its an income producing play on top of the potential price appreciation. There's also all sorts of different protocols creating stablecoins like Ethena, Liquity, Asymmetry, AAVE, etc etc. These should all do well in that environment on top of having their own bullish catalysts. Lending/borrowing protocols should benefit as well like Fluid, Aave, Kamino, Morpho, Llamalend, Liquity, etc as there will be a huge need for stablecoins if BTC and ETH rerate higher during a proper bull market. Plus institutions will look for places to park their stables to earn yield and these will benefit. There are numerous ways to play this narrative and I 1000% missed tons of protocols (also not gonna sit here and pretend I want to check my work on a holiday lmao), but just wanted to write down some thoughts while I'm waiting on food to get done cooking. Lemme know how you're playing this stablecoin explosion and what you expect to happen! Appreciate everyone who reads my ramblings and I hope you get something out of them! Don't forget to share with friends and like/rt if you enjoyed 🤝