Stablecoins as global credit allocators is a very interesting lens to look at the Stablecoin market from Banger piece from @_nishil_, definitely recommend checking it out

🧵 Stablecoins and the Overhaul of Global Credit Lets explore how stablecoins are helping the US distribute its debt globally — and why stablecoin issuers may become the world’s most efficient credit allocator.

The adoption of stablecoins beyond crypto natives is great — but what it really signals is something far more impressive: the convergence of tradfi and onchain markets.

large scale adoption of USDT/C will kill credit lines from small to mid scale banks, we need: - User deposit backed stables - Expansion of collateral types beyond T-Bills - Bank issued stables - Adoption of CDP based and other stablecoin solutions like MakerDAO, @capmoney_

What makes a good researcher? When I started writing in Web3, there was no roadmap. No academy. No structured path. I had to learn, unlearn, and relearn — over and over again. I studied top researchers, read their threads, their breakdowns, and tried to understand how they think. I observed. I imitated. I failed. I tried again. But one question stuck with me: “How do you become a researcher?” Most of the resources out there are scattered. You have to stitch them together piece by piece. And even then… It’s easy to feel lost. So @BigJayce7 and I decided to do something about it. We’re starting The Research Corner (TRC) — a weekly space to help writers grow into researchers. We want to understand blockchain at its core and learn how to tell stories that actually matter. And we want to bring you along on that journey. Whether you’re a writer, an aspiring writer, or just curious — TRC will be a space to ask questions, learn from others, and grow. Each Friday, we’ll: — Break down the research process — Dive into specific topics — Review threads — And host researchers who’ve already been there Our first episode goes live tomorrow. Be there, let’s build this together.

I really had all the time in the world

wow

The US’s big bet on stablecoins, via the GENIUS Act—feels like a strategic but desperate move to expand the buyer base for T-bills, specially as traditional foreign demand begins to fade because of tariffs and rising risks. But these two charts should raise alarm: we're expecting US backed stablecoins to gain adoption, but as U.S. debt climbs and T-bills become riskier, so do the stablecoins backed by them. When that moment arrives—how will the fiat backed stablecoins maintain their peg?

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Why do digital docs still have pages? Give me one clean, single stream of words.