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 Base chain is in an explosive period, with both capital efficiency and user experience rapidly improving.
Second, USDC, as a counterpart, provides satUSD with the most direct value anchoring and arbitrage space.
Most importantly, this is no longer a simple "mint-hold" model, but truly allows satUSD to generate actual use value in mainstream DeFi scenarios.
2. Trends in the Stablecoin Space and the Ecosystem Loop of satUSD
I believe this action reflects an important trend in the entire stablecoin space:
Pure stability is no longer enough; you need to be aggressive.
You need to make users not just hold your coin, but actively use it, trade it, and circulate it in various scenarios. Only in this way can stablecoins truly achieve network effects and form a moat.
satUSD's current approach is to build such an ecosystem loop:
Minting → Yield → Lending → Liquidity → More Use Cases
Each step amplifies the value of the previous one, and each new scenario injects new vitality into the entire ecosystem.
To be honest, this idea of "not just stability, but being able to be aggressive" may become the standard configuration for the next generation of stablecoins!
#River @River4fun @RiverdotInc #4FUN $satUSD
Show original3.5K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.