Onchain Stablecoin Borrowing Rates: What's Next?

Here's a take worth considering—stablecoin lending rates are likely to stabilize significantly in the coming cycle. When volatility drops, the entire game changes. You get room for longer-term strategies, complex structured products, and institutional-grade leverage plays that previously weren't viable due to rate uncertainty. This shift could be the catalyst that builds out a real, sustainable credit infrastructure onchain. Institutions have been waiting for this kind of stability before committing serious capital.