Hi, I am researching the stablecoin space, and am not affiliated with the protocol.
One thing that intrigued me was that the protocol enabled protocols, such as lending protocols, to issue their own stablecoin that is also interoperable with other stablecoins on the same protocol.
The different is they can direct some or all of the yield back to the protocol for treasury or incentives.
I found it intriguing as an alternative to USDC or USDT that benefits the DeFi protocols, but wanted to hear from those much closer to the space such as the Moonwell community.