Stablecoin Strategies Beyond Farming: Cash Management for Crypto Treasuries

Treat stablecoins not as cash sitting idle, but as deployable dry powder. Professional treasury management includes: yield-bearing stablecoins (USDe, sDAI) for base returns of 5-10%, short-term LP strategies in high-volume stable-stable pools (e.g., USDC/USDT on Curve), and real-world asset protocols (Maple, TrueFi) lending to institutional borrowers. Always maintain a liquidity ladder: 30% in instantly redeemable assets (DAI on-chain), 40% in 7-day withdrawal windows, 30% in 30+ day lockups. And never ignore de-peg risk diversify across four stablecoin issuers and monitor their reserve attestations monthly.