Ondo COO: Total Potential Market for 'Income-Based' Stablecoins Could Be Larger Than the Entire Current Stablecoin Market Demand
On 2 February, Justin Schmidt, Chief Operating Officer of Ondo, predicted that the total potential market for 'income' stablecoins could be larger than the current demand for the entire stablecoin market. If a user holds a stablecoin like USDC or USDT, he or she will not be able to earn revenue, while others will be able to earn revenue through 'income' stablecoins, which are more capital efficient.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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