Cryptocurrency5 Jul 2026SEO 881 min read

Analysis: Collateral, not yield, will decide which stablecoins win

As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RW…

As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance. Everyone in crypto is talking about stablecoin yield right now. Yield-bearing stablecoins grew roughly 300% last year, and 21Shares expects the segment to more than triple to over $50 billion in 2026 . Every few weeks, another platform that used to pay nothing on idle balances announces it now pays 3% or 4%. T…

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