Solana Stablecoins just reached a $16 BILLION all-time high… but there’s a catch. The yield those dollars generate doesn’t stay in the Solana ecosystem.
Critics say it’s quietly being extracted by centralized issuers, but it gets even worse, because it turns out, rival ecosystems are being funded with it. Today, we’re following that yield to figure out if Solana traders are really funding their own competitors, and IF there is a fix?
Timestamps
00:00 - Intro
00:28 - Circle Leads, At What Cost?
02:52 - Why Solana Needs s Decentralized Stablecoin
04:00 - Solution 1 Proposed by Mert
05:53 - Solution 2 Proposed By Lily
06:33 - Solution 3 - Solstice & USX
07:33 - Solution 4 - KEEL, Solana's Capital Engine
09:17 - What’s Next For Solana Stablecoins?