Genius ‚Verbot der Stablecoin -Rendite wird die Nachfrage nach Ethereum Defi – Analysten vorantreiben
https://cointelegraph.com/news/genius-ban-stablecoin-yield-ethereum-defi-analysts
Genius ‚Verbot der Stablecoin -Rendite wird die Nachfrage nach Ethereum Defi – Analysten vorantreiben
https://cointelegraph.com/news/genius-ban-stablecoin-yield-ethereum-defi-analysts
4 Kommentare
tldr; The GENIUS bill, signed into law in the US, bans yield-bearing stablecoins, which could drive demand for Ethereum-based decentralized finance (DeFi) applications. Analysts suggest this shift may benefit DeFi as an alternative for passive income generation, especially for institutions seeking yield to satisfy fiduciary obligations. The ban could also impact traditional banking, as yield-bearing stablecoins threaten their profits and services. This development may push more institutional capital into the crypto space.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So giving the yield to the users is illegal, but using assets held in reserve to generate yield for the stable coin issuer is not illegal?
Wait what why
Algorand is a better ecosystem and I have big hopes for Avalanche as well.