Category Archives: Stablecoins

The Stablecoin That Definitely Doesn’t Pay Interest (Wink)

Washington just discovered that banning “interest” on stablecoins might not stop “rewards,” “points,” or “loyalty boosts.” Banks want Congress to close the loophole before deposits flee to apps with cartoon mascots. Crypto firms are playing innocent. Treasury wants it resolved by spring. Lawyers are having a field day with the dictionary. Continue reading

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