#StablecoinLaw
🚫🇺🇸 The U.S. bans the yield on stablecoins with the GENIUS Act
📜 Signed by Trump, this new law prevents regulated stablecoins from offering interest to users and institutions.
💥 What's the result? Analysts predict an exodus of capital towards DeFi, especially in Ethereum, where it is still possible to generate passive income through staking, loans, and yield.
📈 Ethereum already concentrates the majority of the value locked in DeFi, and now it could attract even more institutional capital, pressured by the need to generate cash flow.
⚠️ The measure also seeks to protect banks, which see their model threatened if stablecoins compete by offering interest.
