Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Source: CoinDesk ·
From the source
Real-world assets already back the largest stablecoins, yet borrowing against them onchain still runs through variable-rate pools. Peter Gaffney of O2O Capital Partners explains why fixed-rate, fixed-term lending is the missing piece, and how a 5% shift in Sky and Ethena reserves could create $1.8 billion of demand for real-world assets. You're reading Crypto Long & Short , our weekly newsletter featuring insights, news and analysis for the professional investor. Sign up here to get it in your inbox every Wednesday. This is your institutional newsletter, Crypto Long & Short. This week: …and if you’re looking for more institutional insights: ETF Central’s Trackinsight Global ETF Survey 2026 , produced with Calamos Investments and S&P Dow Jones Indices, finds nearly 7 in 10 professional investors are reassessing their ETF holdings. Plus, CoinDesk’s latest Digital Assets Quarterly Report is out now. by Peter Gaffney, co-founder, O2O Capital Partners Fixed-rate lending is the clearest…