Customers are benefitting from the global stablecoin arms race — but that won’t last forever

Current State of the Stablecoin Market

Recently, the stablecoin market has seen intensified competition offering high annual percentage yields (APY) to customers. According to Ron Tarter, CEO of MNEE, this is merely a promotional phase, and it's unlikely that this will set a new baseline. Customers may enjoy benefits in the short term, but the sustainability of this situation is questionable.

Future Outlook

When the promotional phase ends, there may be a backlash causing yields to decline. Tarter emphasizes that amidst this competition, stable operation and transparency will be crucial. This will also impact the expected value and reliability of stablecoins. Investors must recognize these risks and consider sustainable investment strategies.

Conclusion

While this trend offers favorable conditions in the short term, customers should not assume it will be a long-term premise and must adapt flexibly to changing circumstances. The evolution of competition in the market will be closely watched.