The U.S. bans yield-generating stablecoins, analysis suggests Favourable Information for Ethereum DeFi ecosystem.

According to reports, the US GENIUS Act has officially banned yield-bearing stablecoins, and analysts believe this will drive capital into the Ethereum DeFi ecosystem. Such stablecoins could originally provide interest to holders through staking or lending. Analysts point out that the ban on stablecoin yields will force institutions and users to turn to DeFi protocols on Ethereum for passive income, which is favorable for ETH and Decentralized Finance.

ETH0.96%
DEFI-0.96%
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not_your_keysvip
· 07-21 13:37
ETH is indeed the second brother haha
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BankruptWorkervip
· 07-21 08:49
Can this wave save the ETH I lost?
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GateUser-75ee51e7vip
· 07-19 03:24
The defi ecosystem is going to Be Played for Suckers again.
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MechanicalMartelvip
· 07-19 00:46
Playing Polkadot is profitable.
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MysteriousZhangvip
· 07-19 00:45
Bull, ETH has won big!
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FUDwatchervip
· 07-19 00:26
Can ETH rise above 30,000 in the short term?
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NewDAOdreamervip
· 07-19 00:24
Institutional investors are lying back and earning on ETH.
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