Dynamo DeFi

Dynamo DeFi

⚡Dynamo DeFi Pro - Week Ending 04/27/24

On-chain insights and DeFi strategies

Apr 27, 2024
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💡Dynamo’s Thoughts

Stablecoin Adoption Takes Hold

Stablecoins are the second killer app of crypto (Bitcoin being the first).

Unlike many crypto applications that solve the problem of helping crypto traders speculate more effectively, stablecoins offer a value proposition that is useful today to billions of people around the world: cheap, instant, cross-border transfers of US Dollars. Even better, this on-chain money is programmable, opening up a wide range of future financial applications.

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