Staff members of the U.S. Senate Banking Committee recently held a significant discussion with industry insiders in the crypto space. The communication revealed a key signal: traditional financial institutions are actively pushing for adjustments to the regulatory framework related to stablecoin "yields."
This demand is gaining increasing support in negotiations between both parties on the Market Structure Bill. It appears that Wall Street indeed hopes to influence the yield mechanisms of stablecoins, possibly to restrict or redefine the returns that stablecoin holders can earn from these assets.
This trend reflects the traditional financial system's concern about the stablecoin ecosystem—stablecoins have become a vital foundation for liquidity in the crypto market, and their yield characteristics are also a major factor in attracting funds. Once the yield rules are adjusted, it could have a profound impact on the competitiveness of stablecoins and the market structure.
Senators' attitudes on this issue are also quietly shifting. Industry insiders generally expect that the final outcome of this negotiation could significantly influence the future development direction of stablecoins. Continued attention to subsequent policy developments is warranted.
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just_vibin_onchain
· 9h ago
Wall Street wants to cut our leeks again; once stablecoin yields are cut, it's game over.
Wait, are they afraid that stablecoins will吸 too much liquidity? Or are they simply trying to monopolize pricing power?
I knew it, true decentralization永远 threatens their livelihood.
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GasFeeBeggar
· 01-10 01:16
Wall Street wants to cut off our profits again, and their methods are truly ruthless.
Wait, are they afraid that stablecoins will really take off?
Here we go again, saying they embrace innovation while playing the rule game.
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Degentleman
· 01-10 01:16
Wall Street is at it again, this time targeting stablecoin yields? Truly impressive
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It's those folks in the House again, always trying to cut us out
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If nothing unexpected happens, these policies will ruin stablecoins
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So trusting these institutions is purely naive; they just want to monopolize everything
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This is going to be fun. Traditional finance is scared, right?
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I knew it would come to this, and now they’re starting to crackdown on everyone
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AllInDaddy
· 01-10 00:55
Wall Street is once again trying to take a bite out of stablecoins, and this time they're really going for the hard approach.
It's the same old story: restricting yields, redefining rules. In plain terms, they want to prevent the crypto world from competing with traditional finance for money.
Just wait and see. If this passess, the appeal of stablecoins will be gone.
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LiquidatedThrice
· 01-10 00:52
Wall Street is coming to cut us again, this time targeting stablecoin yields? That's too outrageous.
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It's another bipartisan effort. As soon as this rule changes, my USDC yield is gone.
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So traditional finance just can't stand us steadily earning here, huh?
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The Senate folks are really targeting crypto more and more; it feels endless.
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Restrict stablecoin yields? Then what's the point of playing? Just ban it outright.
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That's why multi-chain deployment is necessary; don't put all your eggs in one basket.
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I've been saying for a long time that policy risk is the biggest risk. Now you believe it, right?
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HackerWhoCares
· 01-10 00:51
Wall Street is starting to stir again, this time aiming to cut off stablecoin yield opportunities.
It's the same old trick, probably afraid of us making money.
I never expected stablecoins to become their target so quickly.
If this really happens, the entire liquidity structure will need to be reorganized, which is quite intense.
If both parties agree... sigh, the regulatory iron fist is coming.
Waiting for subsequent news, it feels like a change is coming.
Is this their bottom line? Just arbitrarily cutting yields?
But on the other hand, the yields on stablecoins are already somewhat inflated; they probably can't cut much anyway.
Suddenly, DeFi seems even more attractive.
Before monopolizing, Wall Street must strike first, fitting the script.
Looks like I need to prepare a Plan B in advance.
Staff members of the U.S. Senate Banking Committee recently held a significant discussion with industry insiders in the crypto space. The communication revealed a key signal: traditional financial institutions are actively pushing for adjustments to the regulatory framework related to stablecoin "yields."
This demand is gaining increasing support in negotiations between both parties on the Market Structure Bill. It appears that Wall Street indeed hopes to influence the yield mechanisms of stablecoins, possibly to restrict or redefine the returns that stablecoin holders can earn from these assets.
This trend reflects the traditional financial system's concern about the stablecoin ecosystem—stablecoins have become a vital foundation for liquidity in the crypto market, and their yield characteristics are also a major factor in attracting funds. Once the yield rules are adjusted, it could have a profound impact on the competitiveness of stablecoins and the market structure.
Senators' attitudes on this issue are also quietly shifting. Industry insiders generally expect that the final outcome of this negotiation could significantly influence the future development direction of stablecoins. Continued attention to subsequent policy developments is warranted.