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Crypto Long & Short: Why real-world assets need fixed-rate loans onchain

CoinDesk·October 21, 2026·1 min read
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain

Real-world assets back the largest stablecoins, yet onchain borrowing still runs through variable-rate pools. Peter Gaffney of O2O Capital Partners argues fixed-rate, fixed-term lending is the missing piece. A 5% shift in Sky and Ethena reserves could create $1.8 billion of demand for real-world assets.

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