Tether At $20B? Tokenized Derivatives? Crypto Liquidation? Web3 Thoughts Of The Week
Gold’s continued importance, a significant crypto liquidation, tokenized collateral in derivatives, and Tether potentially at a $20B valuation had Web3 tongues wagging this week.
The importance of holding stable assets in a turbulent market environment
“Many investors feel calmer keeping a chunk of their savings in something boring like gold. When markets start whipping around, it’s good to have one asset that doesn’t pull back several in response to a bearish Fed statement.”
“If you’re an institution, holding stable assets shouldn’t feel clunky anymore. RWA-native blockchain setups where gold or treasury bills live on-chain with full compliance baked in means you can actually move or pledge real assets without…