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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$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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$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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Bybit, Plume Open PIMCO Bond Yield To Idle Stablecoins
Bybit and Plume launched RWA Earn, putting idle stablecoins into PIMCO bond vaults. Here is how to get that RWA yield permissionlessly on-chain.
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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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Ether.fi Opens 7.25% RWA Vault, $100M Flows To Plume
Ether.fi is routing $100M into Plume to launch its Liquid RWA vault, paying a variable 7.25% on stablecoins backed by BlackRock and Fidelity ETFs.
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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.
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90% Odds On CLARITY Act After Third White House Yield Meeting
Ripple’s Garlinghouse pegged CLARITY Act passage odds at 90% after a third White House meeting on stablecoin yield. Polymarket sits at 72%, sources at 25-60%.
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MiCA 2.0 Opens DeFi Licensing, Stablecoin Yield Review
The European Commission opened MiCA 2.0 consultation on May 20, 2026, targeting DeFi licensing and reopening the stablecoin yield question for retail wallets.
