Stablecoins don't get as much attention as most cryptocurrencies as many don't see any profit potential in holding stablecoins but some stablecoins have changed this narrative.
I don't think stablecoin didn't get as much attention, so far stablecoin projects always have high FDV in their governance token as well as interested many people to stake their stablecoin either by looping (leverage) through vault or staking it directly.
I am now curious to know how many stablecoins offer this. Having more than one can help with comparison. Kindly share if you have come across any others, and also what your thoughts are.
I think ethena stablecoin offer good APR and they've held many phase of staking campaign where they will reward you with token, usual money also doing the same but recently there has been so many fud since the team is doing "something" with their usd0++.
right now the one that's still in a phase is resolv. but AFAIK almost all of recently released stablecoin offers token as a reward for staking, and with bigger backing and FDV compared to the one you mentioned.