Is DeFi abandoning USDC? Be careful with the unpredictable fluctuations ahead!
Although Vitalik's idea sounds ideal, it's important to stay level-headed. The situation is such that DeFi's heavy reliance on USDC is not accidental; it provides significant stability and liquidity. If there is a sudden shift away from centralized stablecoins to ETH-backed collateral models, the market will face extreme price volatility risks. Remember, when ETH crashes, algorithmic stablecoins or coin-backed collateral can easily fall into a liquidation spiral. #anhbacong
Vitalik criticizes "USDC yield" products, but in reality, this is where the most stable cash flow for retail investors is attracted. The situation is such that one should not hastily withdraw all capital from safe pools just because the "father of" Ethereum speaks out, to jump into unproven new models. You have to protect your own money; observe the change trajectory of major projects like Aave before making decisions. Don't let the excitement about theory obscure the real risks in your wallet. $ETH $USDC
