Not long ago, while scrolling through Twitter, I saw someone talking about @MMTFinance, and my first reaction was—another one trying to "hype stablecoins"? But when I clicked in, it was quite different. They aren't following the old path of quick popularity and then disappearing in a week, nor are they copying some well-known stablecoin template; instead, it seems like they are slowly refining something very practical: MMUSD, this stablecoin, is genuinely backed by yields, not just relying on printing tokens for subsidies. The incentive mechanism isn't a short-term "mine and leave" approach, but rather encourages funds to willingly stay. Their focus is very specific, mainly to ensure that both users and the protocol can access deep, stable liquidity. You'll find that they aren't trying to be an all-powerful DeFi leader; instead, they resemble a "specialist" in stablecoins— it's a bit like those old craftsmen who don't seek the spotlight but have particularly steady skills, while others are busy seeking attention, they are focused on driving every nail in securely. Such projects may not be so eye-catching in the short term, but once they get going, they can actually go further and further.
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