Takeaways from the Fireside Chat: Insights from Anthony Yim and Sam MacPherson. 1) Sky (ex-MakerDAO) as central bank—Spark borrows USDS wholesale to fuel DeFi, CeFi & RWA bets. SparkLend offers 5.5% on $500M stablecoin loans vs BTC/ETH, luring institutions from costly OTC.
2) Fresh off a blockbuster partnership, Spark deploys PYUSD at a competitive 2.99% rate—the lowest available. Beyond rates, Spark invests $100M in Curve pools for seamless liquidity, replacing unreliable incentives to strengthen the stablecoin ecosystem.
3) Incoming: Cross-chain Savings V2 (4.75% yield on USDT/USDC), fixed-rate loans via Morpho V2, and a Spark app with card payments. Pro tip: Stablecoin lending isn't a cash cow—it needs massive distribution to thrive, but Spark's primed for success.
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