New Crypto
Thursday, 7/2, 10:45 AM
Yield-Bearing Stablecoins Cool Off, Ending a Three-Year Boom
- Stablecoins that pay their holders interest shrank by about $3.5 billion in the second quarter — a roughly 15% drop that ended nearly three years of growth, according to Cointelegraph.
- The pullback points to shifting yields, regulation that discourages paying interest, and rising competition from traditional finance.