The Defiant
The Defiant|May 01, 2026 21:52
🚨 NEW --> STABLECOIN YIELD COMPROMISE TEXT IS OUT via @PunchbowlNews: 🔴 Bans rewards "economically or functionally equivalent" to deposit interest 🟢 BUT activity-based rewards (payments, staking, liquidity, loyalty) are allowed 🟢 Balances, duration & tenure CAN be used to calculate rewards if they clear the equivalence test 🟡Regs due within 1 year from the agencies + Treasury Big win for crypto. Now the fight moves to rulemaking.(The Defiant)
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