Most ppl think crypto yield comes from magic internet money.
Spoiler: turns out it's mostly just tokenized T-bills now.
@SebVentures from @SteakhouseFi explains how real yield infra is being built and what comes after tokenized treasuries.
Timestamps:
00:00 - Introduction
01:36 - Mission: Transparent finance
02:38 - The rise of stablecoins
04:11 - What stablecoin risk really means
06:08 - Abstracting stablecoin UX
08:52 - Tokenized T-bills + transparency
09:54 - USD dominance and free market concerns
13:42 - Crypto-backed loans
15:27 - The basis trade and private credit
17:00 - Aggregators vs. direct allocation
19:44 - Exciting yield sources emerging
25:13 - Making stablecoins work for you
27:37 - Innovations steakhouse is watching
30:22 - Fixed-rate borrowing for real life
30:55 - What’s next
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