US EditionClose the Stablecoin Loop (Cathy Owen Commentary)
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3 Articles
Close the Stablecoin Loop (Cathy Owen Commentary)
As a community banker, I’m having an increasing number of conversations with customers about stablecoins. I can’t say that people are beating down the doors to start using these digital assets, but since a little over half of Americans say they’re familiar with stablecoins, and a quarter say they’ve used one to conduct a transaction, it’s clearly of growing interest. Like bitcoin, a stablecoin is a cryptocurrency token that operates on blockcha…
For several years, the stablecoins have been shunned by crypto investors. Considered as mere tokens backed by fiduciary currencies, intended for payments and trade, they did not know the enthusiasm we know them in 2026. In this issue, we decipher the ongoing debate between banks and companies in the crypto sector about the returns of stablecoins. The article Why do banks want to kill the returns of stablecoins ? appeared first on Cryptoast.
The Big Banks Are Worrying About Yield Bearing Stablecoins
The United States’ biggest banks are afraid. Not of a financial crisis, not of cyberattacks, not of geopolitical shocks. They’re afraid of yield-bearing stablecoins paying customers interest. That fear is why they fought tooth and nail to keep yield-bearing stablecoins out of the GENIUS Act, and why they’re now pushing regulators to stop platforms like Coinbase from offering rewards to stablecoin holders……..Continue reading…. By: Harbind Likhari…
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