Paradigm Co-founder: The End of the Zero Interest Rate Era Triggers a Stablecoin Supercycle

ChainCatcher news, Paradigm co-founder Matt Huang stated that people used to joke that cryptocurrencies are a product of the zero interest rate policy (ZIRP) (loose monetary policy leading to the rise of speculative assets). Ironically, it is precisely the end of the zero interest rate era that has given rise to the stablecoin supercycle: cloud dollar banks, the widening interest rate spread compared to traditional finance, and stablecoin issuers earning billions for global distribution.