• thanah
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    5 days ago

    I very much hope the CashTokens stablecoin ecosystem continues to grow over time (both in TVL and protocol variety). With Moria offline for now, the full BCH stablecoin marketcap right now is ~$0.4m - compare to Ethereum at ~$175,000m - so ~31x larger base cap, but ~437,500x larger stablecoin space.

    Long-term, stablecoins will necessarily die along with fiat. But I believe they will be a stepping stone and if BCH can establish itself as “a place where stablecoins are” in the same way that Ethereum, TRON, and Solana have but with the added benefit of being actually decentralized and with silky smooth and as-cheap-as-possible transactions, that would be amazing.

    • CashDragonOPMA
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      4 days ago

      The bast and most peaceful way for fiat to die is a slow slide into irrelevancy.

      Hope to see $10m TVL on PUSD in a year.