While 1-Year Treasuries are currently earning 5.4%, stablecoin pools on Uniswap could earn their LPs anywhere between 6.6% and a whopping 11% for the year.

The US Federal Reserve continues to be steadfast in its tone – higher rates for longer. Meanwhile, cryptocurrency markets remained depressed after the collapse of FTX, and regulatory pressures have added a little more discomfort to the mix.

As the global macro landscape continues to likely remain with high interest rates, or at the very least, not zero, an opportunity is currently amiss with being able to capture yields from treasuries and participating in the DeFi ecosystem through collateralized minted stablecoins.