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Ser Jeff Garzik, industry influencer, presents a new three-part architecture featuring two instruments, VUSD and sVUSD. VUSD acts as a redemption instrument, described as over-collateralized, omnichain, and supported by onchain proof of reserves, serving as a cash-equivalent on the balance sheet.
Meanwhile, sVUSD is positioned as an optional yield-generating instrument, managed by the Agentic Yield Engine with human review. Both instruments are designed to operate within an onchain ecosystem emphasizing transparency and security.
Other industry participants have focused on product adaptation and reserve management in DeFi. Flynnjamm previously noted the push for crypto DeFi projects to adapt to real world product-market fit. Separately, ShrimpyApp reported that stablecoin issuers have become significant holders of U.S. Treasuries, with resulting reserves yielding up to $15 billion annually for issuers rather than users, according to recent analysis.