The Collapse of Stablecoin Yield? Not happening

Look at how much yield these have paid out:
• sUSDe → $427M YPO
• sUSDS → $164.93M YPO

Yield-bearing stablecoins are the real moat in crypto. And these projects keep finding new ways to generate organic yield.

For example, yields on @ethena_labs from funding rates remain positive today, and that’s before they tap into high-funding venues like Hyperliquid, which I expect soon.

Top players are delivering real returns. A sustained 5% APY in a quiet market is more than decent.

I think another stablecoin wave is coming during this bear once every other narrative goes quiet.