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A while ago, I was browsing Twitter and saw someone talking about @MMTFinance. My first reaction was - another one here to "hype stablecoins"?
The result is different when you click in.
He
We don't follow the old paths of fleeting popularity or sudden exits, nor do we copy the template of a well-known stablecoin; instead, we are slowly refining something very practical:
MMUSD is a stablecoin that truly has yield support, not relying on printing tokens for subsidies.
The incentive mechanism is not a short-term "dig and leave", but rather to make the funds willingly stay.
The route is very specific, mainly allowing users and protocols to access deep and stable liquidity.
You will find that they do not intend to become an all-powerful DeFi ruler, but rather act like a "professional" in stablecoins —
It's a bit like those old craftsmen who aren't keen on stealing the limelight but have particularly steady skills.
While others are busy seeking attention, they are busy hammering every nail in securely.
Projects like this may not be so eye-catching in the short term, but once they get going, they can go further and further.