OCC proposal seeks to settle stablecoin yield debate, clearing way for CLARITY

The OCC’s proposal to implement the GENIUS Act would bar yield on payment stablecoins and introduce a rebuttable presumption against common issuer-affiliate reward structures.
Source: OCC proposal seeks to settle stablecoin yield debate, clearing way for CLARITY (https://id.cointelegraph.com/news/occ-proposal-aims-to-end-stablecoin-yield-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)