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The OCC just confirmed GENIUS stablecoins can't pay you yield, so all the yield moves into the protocols

Reddit r/defi·u/Bluejumprabbit·4 days ago
#9bdz0qkJ
#yield#stablecoin#hold#confirmed#photo

OCC interpretive letter dropped Oct 21 confirming permitted stablecoin issuers can't pay holders any interest or rewards just for holding. Circle and the rest keep the full T-bill yield on reserves, you get a dollar token that does nothing on its own.…

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SoFi's Bank-Backed Stablecoin Puts Traditional Finance on the Blockchain
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SoFi's Bank-Backed Stablecoin Puts Traditional Finance on the Blockchain

#webpronews#sofi#bank#stablecoin#crypto

SoFi Technologies launched SoFiUSD, the first stablecoin from a U.S. national bank available directly in a consumer app to 15 million members. Shares jumped on the news.…

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Visa Expands Stablecoin Pilot to Support Nine Blockchains Amid Rapid Growth
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Visa Expands Stablecoin Pilot to Support Nine Blockchains Amid Rapid Growth

Small Business Trends·Mike Brown·6 months ago
#osD9mK68

Discover how Visa is expanding its stablecoin pilot to support nine blockchains, highlighting the company's strategic move amid the rapid growth of digital currencies. Stay informed on the latest developments in the world of blockchain and finance.

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Augustus Secures Conditional OCC Charter for AI-Powered Stablecoin Banking Operations
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Augustus Secures Conditional OCC Charter for AI-Powered Stablecoin Banking Operations

DEV Community·Codego Group·6 months ago
#9Aua9DQs

Peter Thiel-backed Augustus wins conditional OCC approval for specialized bank charter combining artificial intelligence payments with stablecoin settlement infrastructure.

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Pay.sh Lets AI Agents Pay Google Cloud in USDC
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Pay.sh Lets AI Agents Pay Google Cloud in USDC

DEV Community·Tom Wang·6 months ago
#Ef4MeO85
#fintech#aiagents#stablecoin#solana#agent

Solana and Google Cloud's Pay.sh lets AI agents pay for Gemini, BigQuery, and 50+ APIs in stablecoins via x402 — what payment developers should know.

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Meta (META) starts stablecoin payout to creators in Circle's USDC on Polygon, Solana via Stripe
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Meta (META) starts stablecoin payout to creators in Circle's USDC on Polygon, Solana via Stripe

Reddit r/CryptoCurrency·u/diwalost·6 months ago
#sbSeoESU
#meta#starts#stablecoin#payout#creators

From Reddit - r/cryptocurrency: Meta (META) starts stablecoin payout to creators in Circle's USDC on Polygon, Solana via Stripe

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Meta quietly rolls out stablecoin payments in Colombia and Philippines four years after shelving controversial Diem project
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Meta quietly rolls out stablecoin payments in Colombia and Philippines four years after shelving controversial Diem project

Reddit r/CryptoCurrency·u/fortune·6 months ago
#fBL4sXiR
#meta#stablecoin#payouts#usdc#crypto

Meta has reentered the stablecoin market. Four years after pulling the plug on an earlier attempt, the tech giant has quietly rolled out the digital currency payouts for select creators in Colombia and the Philippines, according to an update to the tech…

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Stripe's valuation soars 74% to $159 billion | TechCrunch
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Stripe's valuation soars 74% to $159 billion | TechCrunch

TechCrunch·Julie Bort·7 months ago
#oKNE8u
#apple#amazon#cloudcomputing#evs#google

Stripe has conducted another tender offer, where employees sell shares. Investors include Thrive Capital, Coatue, a16z, and Stripe itself.

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