July 18 GENIUS Rules Bar Yield, DeFi Pays Up To 8%
The GENIUS Act’s final rules land July 18, banning stablecoin yield and pricing out $200M issuers. DeFi on Ethereum and Solana still pays up to 8%.
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Invesco Files On-Chain Reserve Fund For $300B Stablecoin Market
Invesco filed an on-chain stablecoin reserve fund via Superstate, targeting the $300B market. A KYC Allowlist locks retail out, even as it backs your USDC.
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£20K Cap Gone: Bank Of England Sets £40B Stablecoin Ceiling
The Bank of England scrapped its £20,000 stablecoin holding cap for a £40B per-coin limit. USDC and USDT stay outside the rules and still pay no yield.
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$100M Gold Vault Fills In 24h, Theo thUSD Targets 12% Yield
Theo’s thUSD pays gold cash-and-carry yield that returned 8.27% in 2025, and its $100M Genesis Vault filled in a day. Here’s the DeFi wallet angle.
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$121M State Street Fund Backs Stablecoin Reserves Under GENIUS Act
State Street launched its $121M SSCXX fund to back stablecoin reserves under the GENIUS Act. Here is why holders see none of the 3.51% yield.
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$5.9B USDe Pays 4% Yield, Skirts GENIUS Act Ban
Ethena’s USDe holds $5.9B and pays about 4% staked yield from a basis trade, sidestepping the GENIUS Act ban that stopped USDC issuers cold.
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$25B Threshold: New York Rule Bans Stablecoin Yield
New York’s NYDFS proposed a stablecoin rule banning issuer interest and rehypothecation. What the $25B threshold means for your USDC and Aave yield.
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Coinbase Backs ProShares GENIUS ETF For Stablecoin Reserves
Coinbase took a stake in the ProShares GENIUS ETF (IQMM), the fund holding short-term Treasuries that back stablecoins like USDC. Here is the DeFi angle.
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CLARITY Act Keeps Idle Stablecoin Yield Ban, Draft Delayed
The CLARITY Act draft keeps its ban on rewards for idle stablecoin balances while allowing transactional yield. Here is what it means for DeFi wallets.
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$305M Coinbase USDC Yield At Risk As OCC Closes GENIUS Loophole
Coinbase reported $305M Q1 2026 stablecoin revenue from a 3.5% USDC reward the GENIUS Act did not catch. The OCC’s rebuttable presumption rule now targets it.
