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RE: Circle CEO: Stablecoin Market At Least $120 Trillion

It is actually not even at that level.

Think of it more this way: what happens when a local business takes their prudent reserve and puts it into a DeFi project earning 8%; say a local plumbing company with $500K.

That is the level that could really bring in billions since there are many companies and non-profits who have reserves set aside that are just sitting in low yield/fixed income accounts.

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I feel like they would be less likely to take that leap versus a larger company with more reserves. Then again, the fact that they started their own business shows that they are open to risk, and they likely don't have a board to answer to.

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The difference is smaller companies need the yield a great deal more. Larger corporations can enter into areas that the average investor cannot.

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