Canton’s Yuval Rooz says smart contract blockchains face a reckoning over value gap
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Yuval Rooz, CEO of Digital Asset, highlights that many smart contract blockchains do not have sufficient activity or revenue to support their high valuations. The Canton blockchain addresses this by burning tokens with each transaction and distributing issuance to applications that generate fees, thereby linking value to actual usage. Rooz believes that stablecoins will achieve real product-market fit only when more than half of their usage is not related to crypto trading.
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