The stablecoin sector continues to develop. Yields have been moving in an exciting direction. Partnerships are proliferating and appear to promise a lot. While this is happening, major figures in the crypto and finance worlds (figures like Peter Thiel and Paolo Ardoino of Bitfinex and Tether) are pushing hard for something that looks a lot like a new tethered-to-the-real-world banking system, at least as far as the new blockchain for Tether’s USDt is concerned. What’s all this mean? It’s hard to say. But it at least seems stablecoins are getting more stable, and that’s a good development for the sector.
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