[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Monetary McFly 🪰 [@Monetaryguy589](/creator/twitter/Monetaryguy589) on x 4557 followers Created: 2025-07-23 16:50:41 UTC A bank can mint a new stablecoin for a customer by encumbering reserve balances. When that stablecoin eventually makes its way back to the issuing bank to be redeemed, it simply gets destroyed, and a new deposit IOU token is minted for that other customer. Minting and destroying deposit tokens and stablecoins are not something people are thinking too much about yet, but I suspect it will be constantly occurring - it's how Banks will make money - converting assets and liabilities back and forth for customers. XX engagements  **Related Topics** [stablecoins](/topic/stablecoins) [token](/topic/token) [coins stablecoin](/topic/coins-stablecoin) [mint](/topic/mint) [Post Link](https://x.com/Monetaryguy589/status/1948063227272986689)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Monetary McFly 🪰 @Monetaryguy589 on x 4557 followers
Created: 2025-07-23 16:50:41 UTC
A bank can mint a new stablecoin for a customer by encumbering reserve balances. When that stablecoin eventually makes its way back to the issuing bank to be redeemed, it simply gets destroyed, and a new deposit IOU token is minted for that other customer.
Minting and destroying deposit tokens and stablecoins are not something people are thinking too much about yet, but I suspect it will be constantly occurring - it's how Banks will make money - converting assets and liabilities back and forth for customers.
XX engagements
Related Topics stablecoins token coins stablecoin mint