# Yield Articoli collegati

Il Centro Notizie HTX fornisce gli articoli più recenti e le analisi più approfondite su "Yield", coprendo tendenze di mercato, aggiornamenti sui progetti, sviluppi tecnologici e politiche normative nel settore crypto.

From Davos Confrontation to Capitol Hill: How Coinbase Became the Banking Industry's 'Legislative Enemy'

The article details the escalating conflict between Coinbase, the largest U.S. cryptocurrency exchange, and major Wall Street banks, as exemplified by a confrontation between Coinbase CEO Brian Armstrong and JPMorgan Chase CEO Jamie Dimon at the World Economic Forum in Davos. The core dispute centers on whether crypto exchanges should be allowed to pay yields, around 3.5%, to stablecoin holders—a practice banks argue is equivalent to paying interest on deposits and threatens to draw trillions of dollars away from traditional banking. Armstrong and the crypto industry advocate for free market principles, arguing banks could compete by raising their own deposit rates or entering the stablecoin market. This clash is playing out in Washington over the proposed Clarity Act, which could reshape financial regulations. Armstrong has become a powerful advocate, leveraging Coinbase's significant lobbying efforts and political donations to influence legislation. After he withdrew support for a Senate version of the bill that would have effectively banned such yields, a key vote was abruptly postponed, demonstrating his considerable influence. The article explores Armstrong's journey from a soft-spoken tech founder to a central figure in the policy debate, outlining Coinbase's ambition to become a "super app" that replaces traditional banks. With a new administration open to crypto, Armstrong is pushing for a compromise, such as creating a new category of regulated stablecoin issuers permitted to pay yields, as both sides vie to shape the future of American finance.

比推10 h fa

From Davos Confrontation to Capitol Hill: How Coinbase Became the Banking Industry's 'Legislative Enemy'

比推10 h fa

21Shares Lists JitoSOL ETP (JSOL) on Euronext to Expand Solana Yield Exposure

21Shares has listed the Jito Staked SOL ETP (JSOL) on Euronext, providing European investors with regulated access to Solana’s liquid-staking token JitoSOL. The product offers combined exposure to SOL’s price and built-in staking rewards, eliminating the need for direct wallet or validator management. This marks a significant step in connecting decentralized finance with traditional markets. JSOL enables a two-way yield model, delivering both staking rewards and a share of transaction fee revenue. 21Shares, which manages over $8 billion in assets globally, continues to expand its digital asset offerings. The launch coincides with growing institutional interest in Solana, evidenced by recent developments such as Franklin Templeton’s Solana ETF filing and adoption by major firms like Visa and J.P. Morgan for payments and tokenization.

TheNewsCrypto13 h fa

21Shares Lists JitoSOL ETP (JSOL) on Euronext to Expand Solana Yield Exposure

TheNewsCrypto13 h fa

Coinbase vs. Wall Street: Who Decides the Next Step of the U.S. Financial System?

Amidst the intensifying conflict between the crypto industry and traditional banking, Coinbase CEO Brian Armstrong is leading a high-stakes battle against Wall Street giants over the proposed Clarity Act. The core dispute centers around whether crypto platforms should be allowed to offer yield on stablecoin holdings—often around 3.5% annually—which banks argue functions similarly to interest-bearing deposits and threatens their deposit base. Armstrong contends that banks should either raise their own rates or enter the stablecoin market themselves, advocating for free-market competition. The clash escalated at Davos, where Armstrong faced direct confrontations with banking leaders like JPMorgan’s Jamie Dimon and Bank of America’s Brian Moynihan, who argued crypto firms offering bank-like services should face equivalent regulation. The legislative process has seen delays and intense lobbying, with banks warning of potential deposit outflows while Coinbase mobilizes significant political influence through super PACs and strategic advocacy. As the White House mediates discussions, the outcome of the Clarity Act could redefine the future of financial services, determining whether crypto platforms can operate as bank alternatives or be subjected to stricter banking regulations. Armstrong’s support is now seen as critical to any viable compromise.

marsbit16 h fa

Coinbase vs. Wall Street: Who Decides the Next Step of the U.S. Financial System?

marsbit16 h fa

The $6 Billion Business of Stablecoin Wealth Management: Where Does the Yield Come From, and Where Does the Risk Go?

The article examines the resurgence of crypto yield products, specifically "Vaults," which manage over $6 billion in assets and are marketed as transparent, non-custodial alternatives to failed centralized lenders like Celsius and BlockFi. These Vaults use smart contracts to automate lending and trading strategies, offering yields from activities like liquidity provision and stablecoin lending. However, the piece highlights inherent risks: competitive pressure for higher returns can lead to increased leverage and off-platform exposures, as seen in the collapse of Stream Finance, which lost $93 million. While Vaults aim to avoid the opacity of previous models, the article questions whether transparency alone can prevent a shadow banking crisis, especially as stablecoin adoption grows and platforms like Coinbase promote high-yield products. The balance between innovation and risk remains unresolved.

marsbit19 h fa

The $6 Billion Business of Stablecoin Wealth Management: Where Does the Yield Come From, and Where Does the Risk Go?

marsbit19 h fa

BlackRock Warns Investors on Bonds, Highlights Crypto as Alternative

BlackRock warns that long-term government bonds are losing their effectiveness as a portfolio safety net, citing recent volatility in Japan’s bond market. Rising yields, geopolitical tensions, and U.S. tariff threats have led to sharp sell-offs in Japanese Government Bonds (JGBs), making them less reliable. As a result, the asset manager is underweight on JGBs and favors alternative income sources like high-yield credit and emerging-market debt. In this context, Bitcoin is gaining attention as a top-performing asset in 2026, with a year-to-date return of around 4%, outperforming traditional equities and bonds. Despite higher volatility, crypto assets like Bitcoin are increasingly viewed as alternative risk exposures in diversified portfolios.

TheNewsCryptoIeri 12:49

BlackRock Warns Investors on Bonds, Highlights Crypto as Alternative

TheNewsCryptoIeri 12:49

DXY posts worst run in 8 years – So why isn’t Bitcoin rocketing?

The U.S. Dollar Index (DXY) posted its worst performance in eight years, declining 9.4% in 2025 and continuing to weaken in 2026. Historically, such dollar weakness has been a strong catalyst for Bitcoin rallies, as seen in 2017 and 2020. However, despite this favorable backdrop, Bitcoin has not surged as expected. While former President Trump supports a weaker dollar to boost exports and economic growth, and continues pushing for rate cuts, the Fed has maintained rates, emphasizing data-driven policy. Additionally, Bitcoin's Long-Term Holders (LTHs) have been offloading BTC at the fastest pace in four months, indicating skepticism toward the DXY-Bitcoin correlation. Rising inflation risks may further undermine the rate-cut narrative, leading investors to seek safer assets instead of Bitcoin.

ambcryptoIeri 11:01

DXY posts worst run in 8 years – So why isn’t Bitcoin rocketing?

ambcryptoIeri 11:01

USDD 2.0 at One: What the $1 Billion TVL Milestone Reveals

USDD 2.0 marks a significant evolution in decentralized stablecoin design, shifting from an algorithmic model to a fully on-chain, overcollateralized framework. With $1.4 billion in TVL, it emphasizes transparency, verifiable reserves, and multi-chain expansion across TRON, Ethereum, and BNB Chain. Key innovations include the Smart Allocator mechanism, which generates yield internally, and sUSDD—a yield-bearing vault token built on ERC-4626. USDD differentiates itself by combining price stability with on-chain yield opportunities, positioning beyond mere settlements into savings and liquidity provision. As it grows, the focus remains on sustainable capital efficiency and deeper DeFi integration.

TheNewsCryptoIeri 06:17

USDD 2.0 at One: What the $1 Billion TVL Milestone Reveals

TheNewsCryptoIeri 06:17

The End of DeFi Lego: Vaults Are Left with Nothing but Deposits

This article argues that the era of "DeFi Lego" – the complex, interlocking composability of decentralized finance protocols – is ending. The primary user behavior has collapsed into a single action: depositing stablecoins into yield-bearing vaults for a return. Major exchanges like Binance, OKX, and HTX are forging their own paths by subsidizing and promoting their own stablecoin products (e.g., USD1, USDG) to capture user value directly. On-chain, the yield landscape has become homogenized, with vaults competing almost solely on the APY they offer for USDT and USDC deposits. Users no longer care about the underlying protocols (Morpho, Aave, etc.) or their governance tokens; they are primarily attracted by high yields and the branding of the platforms offering them (e.g., Kraken, Coinbase). This shift has led to several consequences: governance tokens are losing value, DeFi ecosystem has become a flattened landscape of competing vaults rather than a collaborative system, and the end-user experience is now a simple flow of converting fiat to stablecoins on a CEX, finding the highest-yielding vault, and spending via crypto debit cards. The article concludes that DeFi must learn from traditional finance (TradFi), which successfully serves human needs and builds network effects. To survive, DeFi protocols must move beyond being mere back-end yield generators and find ways to re-engage users, rebuild trust, and create value beyond just high APYs.

marsbitIeri 01:38

The End of DeFi Lego: Vaults Are Left with Nothing but Deposits

marsbitIeri 01:38

Bitwise Launches First On-Chain DeFi Vault Using Morpho for Stablecoin Yield

Bitwise, a prominent crypto investment firm, has launched its first on-chain DeFi vault, which went live on January 26. Built on the Morpho protocol, the non-custodial vault enables users to earn yield directly on-chain. Bitwise acts as the strategy manager, overseeing fund allocation with full on-chain transparency. The vault currently accepts USDC deposits, which are lent to overcollateralized borrowers via Morpho, targeting annual returns of around 6% depending on market conditions. Emphasizing risk control, the strategy includes only overcollateralized lending—no leverage or speculative trading—with all positions visible on-chain. This move signals a significant shift in institutional engagement with DeFi, offering investors transparency and positioning Bitwise at the forefront of institutional-grade on-chain tools. The firm views this as an initial step in a broader plan to develop more on-chain strategies, leveraging Morpho’s customizable and standardized smart contracts for professional DeFi management.

TheNewsCrypto01/27 08:13

Bitwise Launches First On-Chain DeFi Vault Using Morpho for Stablecoin Yield

TheNewsCrypto01/27 08:13

Sui’s $500mln stablecoin rise – 2 ways treasuries are running the protocol

Sui's $500 million stablecoin growth and evolving treasury strategies highlight a shift from passive asset holding to active protocol participation. Foundation-controlled wallets hold significant SUI positions (roughly 3% of circulating supply), while on-chain data shows increasing holder concentration. Unlike static reserves, treasuries now engage in governance, yield generation, and liquidity provision. Despite ongoing token unlocks, Sui’s circulating supply remains stable at 3.79B SUI (38% of max supply), with growth absorbed through staking, development, and ecosystem funding. Stablecoins, led by USDC, power DeFi yields ranging from 3–10% on lending protocols to over 70% on DEXs. This reflects a broader trend where treasuries monetize participation internally without relying on spot market exits, reinforcing Sui as a yield-driven ecosystem.

ambcrypto01/27 02:05

Sui’s $500mln stablecoin rise – 2 ways treasuries are running the protocol

ambcrypto01/27 02:05

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