Pendle: The Project That Converts STABLECOINS into Digital Bonds

🎙️ Listen to the Full Episode: youtube.com/watch?v=EX90GCGPVAA&sttick=0 This part of the podcast explains how anyone can access decentralized finance (DeFi), although they emphasize that it requires a high technical level and understanding of the risks. The Pendle project is given as an example, where a stable token (such as USDC or USDe) can be divided into two parts: PT (Principal Token), which represents the fixed base, and YT (Yield Token), which includes the variable profitability. This allows the creation of products that resemble fixed income within the crypto ecosystem, or even leverage with secure collateral, generating predictable returns. The guest explains that at Criptan they manage these investments with more than 40 analysis parameters and their own algorithm that values ​​risk over profit, seeking to preserve capital. He also mentions how MiCA regulation limits direct returns from stablecoins, but opens the door to alternative structures. Finally, it highlights that the worlds of DeFi, CeFi and traditional finance are increasingly connected, since even funds in euros are invested in traditional banks and pensions due to lack of profitability in the crypto environment. Diversification and risk management are key to operating safely. Rational Investment: 🔗 Learn to invest like a professional with our advanced course: https://www.inversionracional.com/curso-inversion/ Get 20% extra profitability on your EURC, USDC, BTC and ETH by registering with Criptan using the code INVERSIONRACIONAL: https://app.criptan.com/signup?referralCode=inversionracional 📝 Episode notes and bibliography here: https://www.inversionracional.com/podcast/ 📌 Don't forget to subscribe and leave your recommendations in comments!