Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens

source: CoinDesk

2023. Jan. 31. 08:40

Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.