satUSD, River, and Morpho Collaboration and Future Trends of Stablecoins Seeing the news of the collaboration between River and Morpho, I suddenly remembered something I heard three years ago at a DeFi conference: "The ultimate goal of stablecoins is not stability, but liquidity." At that time, I thought this statement was a bit abstract, but now looking at the development trajectory of satUSD, I truly understand the profound meaning of this statement. 1. Development and Strategic Layout of satUSD and River From the initial minting function, to the yield optimization of Smart Vault, to the strategy upgrade of Prime Vault, now directly entering the $12 billion lending deep pool of Morpho. River's move is indeed very strategic. What I particularly focus on is the timing of this choice. Morpho, as a leading protocol in the DeFi lending space, with a TVL of $7.8 billion, is no joke. The choice to deploy the satUSD/USDC market on Base is quite interesting: First, the ecosystem of the...
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