Stablecoin Yields: US Block, Global Opportunity
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Takatoshi Shibayama, Ledgers Asia-Pacific lead, foresees a global shift in stablecoin yield policies due to potential U.S. restrictions. He highlights the current avoidance of yield distribution by stablecoin issuers to appease banks. Meanwhile, a U.S. Senate bill faces opposition over a proposed ban on third-party stablecoin yields, stalling broader crypto regulation. Shibayama suggests this could spark global discussions, potentially allowing yields to reach everyday users if the U.S. changes its stance. In Asia, financial institutions are focusing on tokenizing traditional assets and issuing stablecoins, rather than delving into decentralized finance. Asset managers, however, are still considering crypto products for client diversification, with a growing emphasis on regulated providers for safe asset handling.
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