Jademont|Jan 22, 2026 01:19
River is truly an unexpected surprise. In the decentralized stablecoin space, its market cap has already surpassed MakerDAO, which is now SKY. If the stablecoin issuance volume also surpasses it, it will prove that BTC-based DeFi has a stronger scale effect compared to ETH and other smaller market cap coins.
Back in the day, MakerDAO's DAI defeated Bitshares' bitUSD, following the same logic.
Looking forward to a larger-scale decentralized stablecoin.
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