Over the last year, regular stablecoins were mostly used for parking funds, farming, or moving between positions. But now yield-bearing stablecoins are becoming a serious category of their own.

Instead of holding idle USDC or USDT, users can now hold stable assets that generate native yield through treasury strategies, staking-backed models, or real-world asset exposure.

It feels like stablecoins are evolving from just “cash on-chain” into productive assets.

Some questions for the community:

• Do you trust yield-bearing stablecoins more than traditional farms?
• Are these products sustainable long term?
• Would you hold them during market volatility?
• Which projects do you think are leading this space right now?

Personally, this could be one of the most important DeFi trends of the next cycle if transparency and risk management improve.

Curious to hear what everyone thinks.