🔴 The extremely hot news from the US is that they are meeting to completely ban yield-bearing stablecoins
The content of the meeting between the White House, crypto, and US banks on 10/02/2026
The meeting revolves around the complete ban on yield-bearing stablecoins to
• Protect the traditional banking system
• Prevent "deposit flight" from banks to crypto
• Define stablecoins only as payment instruments, not investment assets that generate profit
US banks want to "nail down" stablecoins = digital cash, not savings accounts
🔥 Stablecoins must not compete directly with bank deposits
• DeFi + CeFi must not "evade the law" by offering indirect yields
• Ban all forms of financial & non-financial benefits
• Applicable to: buying – holding – custody – using stablecoins
• Not only banning "interest payments", but banning all disguised incentives
👉 This means
USDC/USDT cannot
• Pay APY
• Airdrop for "holding"
• Cashback directly tied to holding stablecoins
👉 This is to protect the banking system
🔴 Regulatory agencies have the right
• To impose civil fines
• To apply laws directly to issuers & platforms
Ban evasion through third parties
Ban misleading marketing
Study & Rulemaking – 2 years later will “strike again”
👉 This is not the end, but the beginning
🔥 Personal assessment
❌ NEGATIVE
• Stablecoin yield
• DeFi farming using stablecoins
• CeFi “earn” with USDT/USDC
✅ BENEFITS
• Layer 1 / Layer 0 not dependent on stable yield
• Real-world assets (tokenized bonds not linked to yield-bearing stablecoins)
• On-chain payment infrastructure
What do you think? How will it end?
RWA will be the future
