Stablecoins follow a pretty clear scaling law—it all comes down to yield. Here's the thing: the moment you cap or reduce that yield, you're basically capping the market itself. It's not some optional feature you can tweak without consequence. You kill the yield incentive, you kill the growth potential. That's just how the economics work out. The market size scales with what users actually earn, not what sounds good in theory.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
GasOptimizer
· 7h ago
A drop in earnings kills the market; this is a hard rule.
View OriginalReply0
AirdropDreamBreaker
· 7h ago
Cutting yield is cutting growth. If there's no arbitrage opportunity, what's the point of playing with stablecoins?
View OriginalReply0
GhostInTheChain
· 7h ago
Roughly speaking, yield is the lifeline; once cut, the incentive game is over.
View OriginalReply0
CounterIndicator
· 7h ago
Cutting yield is like committing suicide. Such simple logic, and some people still don't understand?
Stablecoins follow a pretty clear scaling law—it all comes down to yield. Here's the thing: the moment you cap or reduce that yield, you're basically capping the market itself. It's not some optional feature you can tweak without consequence. You kill the yield incentive, you kill the growth potential. That's just how the economics work out. The market size scales with what users actually earn, not what sounds good in theory.