🚀Agora CEO, Nick van Eck, argues yield-bearing stablecoins miss the point!🤔 He believes they should focus on utility, liquidity, and transaction means for maximum reach. Yield-bearing stablecoins may be seen as security products, limiting customer reach and liquidity. Examples include DAI, USDe, and USDM. Van Eck aims to launch Agora's digital dollar (AUSD) on Ethereum next month, focusing on utility and liquidity. Despite a tough market led by USDT and USDC, van Eck sees room for newcomers. He projects the industry to hit $3 trillion by 2030!💰 Thoughts?👇