As reported by Coinotag, the Redstone Report suggests that yield-bearing stablecoins, such as Tether, may experience significant growth due to regulatory clarity provided by the GENIUS Act. The legislation allows for indirect yield distribution through exchanges and brokers, fostering innovation while maintaining stability. Analysts note that only 8-11% of crypto assets currently generate yield, compared to 55-65% in traditional finance, highlighting substantial growth potential. The market for interest-bearing stablecoins has surged 300% in the past year, with over 20 new protocols emerging in the last six months.
Redstone Report: Yield-Bearing Stablecoins May Grow Amid GENIUS Act
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