Circle’s Matt Enslin Says Stablecoins Need Utility Beyond Issuance

Matt Enslin, Senior Manager, Arc & Global Ecosystem at Circle, said stablecoins need uses beyond issuance to scale, pointing to Morpho Vaults as an example at Vault Summit in Singapore. “Stablecoins won’t scale on issuance alone. Morpho Vaults show how onchain assets can be put to work,” Enslin said. Sonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.

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