Not Much Safety in Crypto
I mentioned in a post last night that the only stable coins I personally hold/trust are $USDC.X, $DAI.X, and $GUSD.X. I forgot to mention $PAX.X, which I don’t personally hold but is backed 1:1 by gold. I’ve never seen anything slaughtered like crypto right now. I usually have my head in one market or the other and with the opportunities in stocks where my real money is at, I mostly ignored crypto for a couple weeks.

Those are the best/worst performers on [Crypto.com](Crypto.com), that stay resets daily at the same time since markets never close.

Buying these stable coins and staking them for the 6%-12% on FTX, Gemini, and [Crypto.com](Crypto.com) is the safest way I have found to earn returns in Crypto. Everything else is pretty close to 100% speculation (outside of a very select few that already have millions of dollars worth of transactions on their platforms). But I feel much more comfortable with these realistic returns and more transparent backing of real assets.

FTX let’s you earn 8% APY on all of them. That’s the realistic future I see. Lending others my money and getting 6%-12% returns, the LP (liquidity protocols) are working great so far but that’s more speculative. Glad I’m not somebody with 100% of my investments crypto😬
post mediapost media
The first TradFi and DeFi crossover transaction was presented by French bank Société Générale to MakerDAO.

SG is running an experiment by transferring tokenized bonds (backed by home loans) issued in the Ethereum blockchain and using them as collateral in exchange for $DAI.X

MakerDAO could diversify asset collateral away from crypto only and into traditional (and less volatile) securities.

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