Newsletter

Risks of Real Estate and US Treasury Stablecoins! Why Are RWA Stablecoins with Automatic Dividends Unviable? ft. Wayne Huang, CEO of XREX

EP.226

許明恩

15 Nov 2023 — 1 min read

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.

click here to listen

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:

Please take a moment to rate Blocktrend on Apple Podcasts, it helps to let more people to know the show. Additionally, here is the article list for Blocktrend, providing you with easy access to the latest and past content.

4% Cashback Across All Channels! Ether.fi Cash: The World’s First Crypto Credit Card That Debits Directly From Your Wallet

GM, This post is a little push to get you excited about a newly launched crypto credit card: Ether.fi Cash. Normally, I only write about products I've personally tested over a longer period. But I’ve been eagerly awaiting this one for some time¹, and after just

Worldcoin Lands in Taiwan! Invite 10 People and Earn NT$10,000—Why I’m Not Yet Recommending Iris Scanning

GM, Welcome to all the new members who joined over the past few days! Two years ago, I asked everyone a question: “If someone stood in the plaza of Taipei Main Station holding a shiny metal orb, scanning people’s eyes and offering an unknown cryptocurrency as a reward—would

Who Will Pay for Online Content When AI Doesn’t Look at Ads?

GM, This is Blocktrend’s 693rd article. Here’s a little heads-up: Blocktrend plans to launch a lifetime membership subscription with the 700th article, and will also adjust the subscription rate to $10 per month or $100 per year. The new pricing will only apply to new subscribers or members

He Taught Police How to Trace Crypto Flows — Yet Used PGP and Monero to Sell Drugs! A Top NTU Student Became the World’s Biggest Dark Web Drug Lord, Only to Fall Because of Bitcoin.

GM, Today’s article has a long title because the story is just too fascinating. Last week, the U.S. Department of Justice announced the results of “Operation Raptor,” the largest dark web takedown in history. Among the arrests, Taiwanese suspect Lin Rui-Xiang, who operated the “Incognito Market,” was considered

Read more

4% Cashback Across All Channels! Ether.fi Cash: The World’s First Crypto Credit Card That Debits Directly From Your Wallet

Worldcoin Lands in Taiwan! Invite 10 People and Earn NT$10,000—Why I’m Not Yet Recommending Iris Scanning

Who Will Pay for Online Content When AI Doesn’t Look at Ads?

He Taught Police How to Trace Crypto Flows — Yet Used PGP and Monero to Sell Drugs! A Top NTU Student Became the World’s Biggest Dark Web Drug Lord, Only to Fall Because of Bitcoin.