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Ethena Founder thinks that too many institutions are launching stablecoins “I think it’s an awful outcome for everyone, it’s driven by ego, every institution thinks they need their own branded stablecoin”
53,880 просмотров • 1 год назад •via X (Twitter)
Комментарии: 19

FT @notthreadguy @gdog97_ @ethena

Correct

many stablecoins one unstable coin

@blknoiz06 All these stablecoins, and only one unstable coin. @usduc_coin

Oh look a based founder with a @SCHIZO_POSTERS pfp building a based product crazy how that happens

People that lack the vision are NPCs.

he's not wrong, but it's better than branded sneakers

The Ethena founder is right—too many institutional stablecoins can be harmful

This is… striking!

Cadano lunch #USDM too

Aynen

@notthreadguy crypto guys building the future

Branded stablecoins = fragmented liquidity, duplicated compliance, slower innovation Build shared rails instead. One composable money layer wins

Why be surprised? It's called Capitalism, with a capital C.

trillionssss

@notthreadguy Stablecoins supercycle

Agreed

Stablecoins sponsored by every corporation that just discovered USDT exists. Awful outcome? Sure. Also, pure entertainment watching egos get rugged.

fragmented liquidity and attention hm katana
