CryptoBearishBankless · Feb 267/106
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OCC Seeks to Eliminate All Stablecoin Yield with Proposed Prohibition
The Office of the Comptroller of the Currency (OCC) is proposing regulations that would prohibit stablecoins from paying interest or yield to holders. This move appears to align with traditional banking interests and could significantly impact the stablecoin market by eliminating a key competitive advantage over traditional bank deposits.