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Uploaded: 2024-08-22T15:43:18.347Z
Channel: Mountain Protocol

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Mountain Protocol

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2mo

How does a lower interest rate environment impacts Mountain Protocol and yield-bearing stablecoins like USDM? USDM is backed by U.S. Treasuries and equivalent assets, products that are highly influenced by the Federal Reserve's interest rate decisions. Our Co-Founder, Martin Carrica, envisions a dynamic future where interest rates may continue to fluctuate, but yield-bearing stablecoins like USDM will maintain their relevance. While yields may adjust with rate cycles, the demand for secure, yield-generating digital dollars will only grow as global investors seek inflation protection and reliable returns, regardless of macroeconomic conditions. #USDM

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Transcript

How would you think about in a world where yields are down to two percent, 3%, maybe even less, that you would incentivize people to use USD and to get that liquidity? I think there is a world in two or three percent that very much resembles 2017. When Goldman Sachs launched Marcus, they grew to 100 billion or so in a year. So we actually started working in Mountain when rates were 1.5%. We thought that was enough. I think standing today, 1.5% looks like nothing, but standing 1.5% is. Pretty interesting. I think the world of 0% interest rates, I see it very hard coming back. I don't know who's gonna hold U.S. government debt at like 25 bips or or something like that could happen, but I think it's very unlikely anytime soon.

Mountain Protocol

2mo

USDM is not available to US persons and to other restricted jurisdictions. See our Terms & Conditions for more. Not financial advice.

Vsevolod Belchenko

Join us at our fabulous Annual Venture Drinks event on November 12 in Lisbon MA Family

1mo

You have interesting publications🔥🔥

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