Understanding Digital Money and Digital Yield: A Guide to the Future of Finance
Key Highlights Digital Credit represents Layer 2 instruments issued by corporate Bitcoin treasury holders, anchored by liquid perpetual preferred equities like STRC, SATA, STRK, STRF, and STRD. Emerging Layer 3 architectures—Digital Money and Digital Yield—rely predominantly on debt-based tranching, balancing principal-protected senior claims against leveraged junior positions. A persistent imbalance between strong demand for senior ...