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Paradigm Co-founder: End of Zero Interest Rate Era Spurs Stablecoin Super Cycle
Summary: In breaking news, Paradigm co-founder Matt Huang stated that people used to joke that cryptocurrencies were a product of the zero interest rate era (ZIRP) which led to the rise of speculative assets. Ironically, it is the end of the zero interest rate era that has spurred a stablecoin super cycle: cloud dollar banks, widening ...
In breaking news, Paradigm co-founder Matt Huang stated that people used to joke that cryptocurrencies were a product of the zero interest rate era (ZIRP) which led to the rise of speculative assets. Ironically, it is the end of the zero interest rate era that has spurred a stablecoin super cycle: cloud dollar banks, widening interest rate differentials compared to traditional finance, and stablecoin issuers earning billions of dollars for global distribution.
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Link: Paradigm Co-founder: End of Zero Interest Rate Era Spurs Stablecoin Super Cycle [Copy]