OCC proposal seeks to settle stablecoin yield debate, clearing way for CLARITY
The OCC’s proposal to implement the GENIUS Act would bar yield on payment stablecoins and introduce a rebuttable presumption against common issuer-affiliate reward structures.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The OCC’s proposal to implement the GENIUS Act would bar yield on payment stablecoins and introduce a rebuttable presumption against common issuer-affiliate reward structures.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
New CLARITY Act update bans officials including presidents from issuing or even holding crypto tokens
On July 22, US Senate Republicans released an updated version of the CLARITY Act, moving one of Washington’s most consequential cr...
New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset
Bitcoin Magazine New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset Senate Republicans re...
Ramp Adds Stablecoin Accounts and Bill Pay on Stripe Stack
Ramp, the all-in-one corporate finance platform with $200 billion in annualized purchase volume, launched two stablecoin products...
Sky Protocol Revenue Nears $419M Annualized As USDS Demand Supports DeFi Income
Sky Protocol’s annualized gross revenue has climbed close to $419 million, according to its governance status dashboard, giving De...
Ethereum Foundation Publishes Policy Guide For Governments And Institutions
The Ethereum Foundation has published a policy-focused guide aimed at governments, institutions, and public sector leaders, giving...
Sui Launches Hashi Testnet to Unlock $1T Bitcoin DeFi With 25+ Partners and New Guardian Layer
Key Takeaways: Sui has released the Hashi testnet to throng the world of DeFi with native Bitcoin. The protocol has added the Guar...