Just caught Ric Edelman's take on this whole stablecoin yield obsession in crypto, and honestly he's got a point worth thinking about.

The gist: crypto shouldn't be dying on the hill of stablecoin yield as some kind of core value proposition. Like, we've been in this space long enough to know there are way bigger things to focus on than optimizing returns on stablecoins.

Think about it - when you zoom out, what's actually moving the needle for adoption and real utility? It's not yield farming on USDC or USDT. It's infrastructure, it's real use cases, it's building things that actually matter beyond the trading game.

I get why yield sounds attractive, especially in a bear market when people are hunting for returns anywhere they can find them. But if that becomes the main narrative around stablecoins and why people should care about crypto? That's kind of missing the forest for the trees.

Edelman's basically saying we need to recalibrate priorities. Focus on what actually makes crypto valuable long-term instead of getting caught up in the yield chase that feels more like traditional finance cosplay anyway.

It's one of those takes that sounds simple but actually cuts through a lot of the noise in how we talk about this space.