DeFiNeutralBlockonomi · 3h ago7/10
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Consensys Challenges OCC’s Stablecoin Rules, Urges Treasury to Narrow Yield and DeFi Restrictions
Consensys has challenged the Office of the Comptroller of the Currency's (OCC) stablecoin regulatory framework, arguing that yield restrictions overstep Congressional intent by extending to third-party distributors and mischaracterizing DeFi lending as issuer-paid yield. The firm proposes alternative safeguards including disclosure requirements and pool segregation instead of prohibitions on multi-brand stablecoin issuance.
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