Stablecoin Yields - Febspot

Stablecoin Yields

A collection of 4 posts

Bank lobby seeks limits on stablecoin yields and open-banking data sharing — Cdn.sanity.io

Bank lobby seeks limits on stablecoin yields and open-banking data sharing

The American Bankers Association has outlined priorities aimed at limiting how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation. Those priorities target the yield that can be earned on digital dollars and the mechanisms for sharing financial information, forming

Stablecoin yield fight threatens CLARITY Act progress — Assets.beincrypto.com

Stablecoin yield fight threatens CLARITY Act progress

Banking opposition has delayed progress on the U.S. CLARITY Act over whether crypto platforms may offer rewards on stablecoins, Beincrypto reports. Galaxy CEO Mike Novogratz warned that lobbying by banks could sink the broader bill, saying existing law (GENIUS) already permits some stablecoin yield and that banks fear deposit

Senate draft bars passive stablecoin yields, a potential boost for banks — Assets.beincrypto.com

Senate draft bars passive stablecoin yields, a potential boost for banks

Beincrypto reports the full text of the Senate’s 278-page virtual asset market structure bill restricts passive stablecoin yields, barring companies from paying interest solely for holding stablecoin balances and allowing rewards only when tied to active on-chain use such as staking, liquidity provision, transactions, posting collateral, or participating in

Senate Agriculture Committee delays crypto market-structure bill markup to late January — Images.cointelegraph.com

Senate Agriculture Committee delays crypto market-structure bill markup to late January

The US Senate Agriculture Committee has pushed its markup of the crypto market-structure bill to the last week of January, saying it needs more time to garner support for the legislation. Committee Chairman John Boozman said he wanted to advance a bipartisan-supported bill and has "made meaningful progress and