Regulators worldwide are enforcing rules to ensure stablecoins are backed by high-quality assets and prohibit interest payments on balances. This is reflected in the U.S. GENIUS Act, EU MiCA, and similar regulations in Hong Kong and Singapore. Despite these measures, crypto exchanges are offering 'rewards' akin to interest, and users can still access yield-bearing DeFi protocols like AAVE. European regulators may have stronger authority to prevent such circumventions, but stablecoins, as bearer assets, remain under user control, allowing for potential large-scale fund movements between stablecoins and yield accounts. This could lead to liquidity challenges. Meanwhile, tokenized deposits, such as those being tested by JPMorgan Chase, might gain from these regulatory constraints, reminiscent of historical banking laws like the 1933 Glass-Steagall Act.
Global Regulators Ban Interest on Stablecoins Amid Circumvention Concerns
This content is for informational purposes only and does not constitute investment advice.
SuperEx Popular Science Articles Column
This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.
How do beginners trade options?How does option trading work?
This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.
What are the risks of investing in cryptocurrency?
This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.
Bitcoin historical price data and trends
This special feature gathers multiple articles on Bitcoin’s historical price data, analyzing past trends, market cycles, and key events that shaped its value. It also explores factors influencing price movements, providing readers with insights into Bitcoin’s long-term performance and market patterns.
Detailed Illustrated Guide to Contract Trading
This collection, "Detailed Illustrated Guide to Contract Trading," explains the fundamentals of contract trading, including futures and margin trading. It uses clear illustrations to simplify key concepts, risk management strategies, and order types, making it accessible for both beginners and experienced traders.