PANews reported on July 19 that according to Cointelegraph, the GENIUS Act signed by US President Trump on Friday prohibits the issuance of yield-based stablecoins, cutting off interest-earning opportunities forPANews reported on July 19 that according to Cointelegraph, the GENIUS Act signed by US President Trump on Friday prohibits the issuance of yield-based stablecoins, cutting off interest-earning opportunities for
Analyst: The GENIUS Act bans yield-generating stablecoins, which will boost demand for DeFi
1 min read
PANews reported on July 19 that according to Cointelegraph, the GENIUS Act signed by US President Trump on Friday prohibits the issuance of yield-based stablecoins, cutting off interest-earning opportunities for institutions and retail investors. Such stablecoins create interest or returns for holders through yield mechanisms such as staking or lending. In this regard, cryptocurrency analyst Nic Puckrin said that the cancellation of stablecoin yields "is good news for Ethereum-based DeFi, as DeFi is the main alternative for creating passive income." The income can be used not only for passive income, but also to alleviate the impact of fiat currency inflation. Christopher Perkins, president of CoinFund, also said: "Without income, the US dollar is a depreciating asset. DeFi is a place where income can be created to preserve value. Therefore, I think the summer of stablecoins will become the summer of DeFi."
Market Opportunity
OFFICIAL TRUMP Price(TRUMP)
$4.231
$4.231$4.231
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Solana Hits $4B in Corporate Treasuries as Companies Boost Reserves
TLDR Solana-based corporate treasuries have surpassed $4 billion in value. These reserves account for nearly 3% of Solana’s total circulating supply. Forward Industries is the largest holder with over 6.8 million SOL tokens. Helius Medical Technologies launched a $500 million Solana treasury reserve. Pantera Capital has a $1.1 billion position in Solana, emphasizing its potential. [...] The post Solana Hits $4B in Corporate Treasuries as Companies Boost Reserves appeared first on CoinCentral.
Share
Coincentral2025/09/18 04:08
SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End
Technical analysis reveals SHIB trading near oversold levels with RSI at 35.06. Despite bearish MACD momentum, support levels suggest potential recovery toward $
Share
BlockChain News2026/02/04 16:04
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon
The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10