GENIUS Act Targets Stablecoin Yield, But Workarounds Could Keep Returns Alive
-
最新报道：The GENIUS Act, effective since mid-July, prohibits stablecoin issuers from paying yield directly, prompting scrutiny of reward programs. Stablecoin market cap surged to $297 billion in 2025, up nearly 50% from January. Companies like PayPal offer 3.7% APR on PYUSD as "rewards" rather than interest, while others partner with banks or use sweep accounts to bypass restrictions. Experts note regulators may challenge these workarounds, leading to a split between compliant issuers like Circle and offshore options like Tether. The act aims to clarify yield rules but could deepen divides between regulated and unregulated stablecoins.
下一篇
Crypto Prices Rips Despite Government Shutdown, Weak Employment Report
- Crypto markets rallied to start Q4 2025, with ETH and SOL gaining over 4% and BTC briefly ...
24小时热点
热点专题
413124