EconomyCrypto Long & Short: Why real-world assets need fixed-rate loans onchain

Real-world assets back the largest stablecoins, but onchain borrowing against them still relies on variable-rate pools. Peter Gaffney of O2O Capital Partners argues that fixed-rate, fixed-term lending is the missing piece, and says a 5% shift in Sky and Ethena reserves could generate $1.8 billion in demand for real-world assets.

CryptoReal-world assetsStablecoinsOnchain lending

CCoinDesk★★☆☆☆2026-10-21 15:00Original