Productive Stablecoins: Closing the $300B Efficiency Gap

USDC-0,01%

What to know:

  • The Problem: 90% of stables are “dead weight.” Issuers take your fiat, buy T-bills, and keep 100% of the yield - a massive “hidden tax” on users.
  • **The Opportunity: **Over $11B in DAO treasuries and $1.2B in DEX liquidity is currently unproductive.
  • Emerging Solutions:
    • Integrated margin (HyENA) works for traders but is a “walled garden.”
    • Infrastructure layers (Solomon) that plug yield directly into existing tokens like USDC/USDT without changing the ticker.
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