Stablecoin Interest Ban: A Losing Battle?

Stablecoins face a global crackdown! New regulations ban interest payments, aiming to keep funds in traditional banks. But can regulators really stop users from chasing yield in DeFi? Loopholes emerge as exchanges offer rewards, and users easily shift funds to interest-bearing crypto platforms. Will tokenized bank deposits become the next big thing?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.