Risks of Real Estate and US Treasury Stablecoins! Why Are RWA Stablecoins with Automatic Dividends Unviable? ft. Wayne Huang, CEO of XREX
EP.226
GM,
Last month, Blocktrend discussed the ins and outs of the USDR, a detached RWA stablecoin. At that time, I came across a post by Wayne Huang, the CEO of XREX, which caught my attention to this topic. Wayne is not only an operator of a cryptocurrency exchange but also an expert in stablecoins. After he read Blocktrend's article, he immediately messaged me, expressing his numerous thoughts on RWAs and yield stablecoins.
Wayne can be considered a guaranteed source of traffic for the Blocktrend Podcast, and his content is quite substantial. In this episode, we not only discussed the design contradictions and hidden risks of yield stablecoins but also delved into questions about MakerDAO's transition to RWAs. Interestingly, our views on MakerDAO align quite closely, as the USD stablecoin DAI has evolved significantly from its initial operational model. After listening to this episode, I believe everyone will have a solid understanding of the latest trends in stablecoin development.
This episode covers:
Summary of the Stablecoin Summit event
Where is the innovation in stablecoins for the next decade?
Why did the USD stablecoin USDR become unpegged?
How to assess the risks of stablecoins and the contradictions of yield stablecoins
The reasons for the opaque nature of MakerDAO's asset reserves
Innovations and risks associated with RWA
Further Reading:
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