# Сопутствующие статьи по теме Interest

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Interest", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The White House Did the Math: How Much More Could Banks Lend If Stablecoin Interest Is Banned?

The White House Council of Economic Advisers (CEA) refuted a previous claim that interest-bearing stablecoins could reduce bank lending by $1.5 trillion, estimating the actual impact at just $2.1 billion—nearly 700 times smaller. The key argument centers on where stablecoin reserves are allocated. Most major issuers, like Tether and Circle, hold the majority of reserves in U.S. Treasuries and repurchase agreements, not bank deposits. Only a small portion (around 12% for USDC) is held in bank deposits subject to 100% reserve requirements—the only scenario that meaningfully reduces bank lending capacity. Even if a ban on stablecoin interest payments drove an estimated $54.4 billion back to banks, only 12% of that would affect lending capacity. After accounting for reserve requirements and banks’ existing excess liquidity, the net increase in lending would be minimal. The report also highlights negative side effects: an $800 million annual welfare loss for stablecoin holders and potential reduced foreign demand for U.S. Treasuries, which could raise borrowing costs. The cost-benefit ratio of an interest ban is estimated at 6.6, making it an inefficient policy with clear costs and uncertain benefits.

marsbit04/13 09:52

The White House Did the Math: How Much More Could Banks Lend If Stablecoin Interest Is Banned?

marsbit04/13 09:52

After Doubling, How Much More 'War Dividend' Can Circle Consume?

Circle, the issuer of the USDC stablecoin, has seen its stock price more than double in weeks, a surge driven by geopolitical instability rather than its core product—a dollar-pegged stablecoin. The company's primary revenue comes from interest earned on the U.S. Treasury reserves backing USDC. Rising expectations that the Federal Reserve will keep interest rates higher for longer, partly due to global conflicts, have boosted this income stream, attracting investor demand. A short squeeze following a strong Q4 2025 earnings report further accelerated the rally. However, the company faces structural challenges: a significant portion of its revenue is shared with Coinbase under a fixed agreement, impacting profitability. While Circle is expanding into payment infrastructure, AI micro-transactions, and tokenized assets, interest income remains its financial backbone. The current valuation reflects two narratives: one of Circle as a future global payments infrastructure, and another as a leveraged bet on sustained high interest rates. The key question for investors is whether they are betting on long-term utility or a macroeconomic trend that may reverse when the Fed eventually cuts rates.

marsbit03/19 06:18

After Doubling, How Much More 'War Dividend' Can Circle Consume?

marsbit03/19 06:18

New Users Exclusive 300% APR, WEEX Wealth Management Interest Boost Prevents Idle Funds from Lying Flat

Amid escalating Middle East conflicts and heightened market volatility, both spot and futures traders are favoring short-term strategies, leaving significant idle funds in their accounts. These assets remain inactive—unable to generate returns yet too critical to withdraw due to fear of missing out on sudden market moves. To address this, WEEX Exchange offers Auto Earn, a flexible savings solution featuring instant deposit/withdrawal, hourly interest accrual, daily profit distribution, and multi-account balance consolidation for optimized yields. From March 11–25 (UTC+8), WEEX is running a limited-time promotion: - New users completing KYC can enjoy a 300% APR on their first Auto Earn participation. - Both new and existing users can earn unlimited referral rewards: 0.5% in trial funds for Level-1 referrals and an extra 0.1% for Level-2, provided the referee holds ≥1,000 USDT in Auto Earn. With no lock-up period and automatic interest across spot, funding, and futures accounts, Auto Earn allows users to earn passive income without compromising trading flexibility—making it an ideal tool for maximizing capital efficiency in uncertain markets.

marsbit03/12 10:52

New Users Exclusive 300% APR, WEEX Wealth Management Interest Boost Prevents Idle Funds from Lying Flat

marsbit03/12 10:52

What’s Next For The Crypto Market Structure Bill? Key Dates And Turning Points Ahead

The future of the CLARITY Act, also known as the crypto market structure bill, remains uncertain after the March 1 deadline passed without a breakthrough. Despite concerns, negotiations between the banking industry and crypto representatives are reportedly continuing behind the scenes. A key sticking point is the disagreement over stablecoin yields. While there is broad agreement that stablecoin balances should not earn interest, crypto firms are attempting to create alternative mechanisms—such as membership programs, rewards, or staking—that could effectively replicate annual percentage yields (APY). Banking representatives are pushing for any such activity to be clearly defined as "active," "bona fide," and "time-locked." Attention is now turning to the Senate Banking Committee, which is considering potential markup dates in mid-to-late March. This would provide additional time to address unresolved issues, including DeFi provisions and ethics concerns, before a possible vote.

bitcoinist03/05 01:01

What’s Next For The Crypto Market Structure Bill? Key Dates And Turning Points Ahead

bitcoinist03/05 01:01

Coinbase’s USDC Revenue Jumps as Stablecoin Debate Heats Up

Coinbase's stablecoin revenue, primarily from its USDC share with Circle, surged to $1.35 billion in 2025, accounting for 19% of its total revenue. This growth occurred despite a net loss of $667 million in Q4 2025. USDC transaction volume reached $18.3 trillion last year, though Tether leads in market cap. The stablecoin sector's expansion has intensified regulatory debates, particularly around yield payments. The GENIUS Act prohibits issuers from paying interest, and proposed legislation may further restrict platforms like Coinbase from offering rewards on stablecoin balances, amid concerns over competition with traditional banks.

TheNewsCrypto02/24 12:47

Coinbase’s USDC Revenue Jumps as Stablecoin Debate Heats Up

TheNewsCrypto02/24 12:47

Crypto Firms Propose Key Stablecoin Concessions To Advance CLARITY Act – Report

Crypto firms are proposing key concessions to banks in an effort to advance the stalled CLARITY Act, a major US crypto market structure bill. The main point of contention is the treatment of stablecoin rewards. Banks argue that interest-bearing stablecoins threaten the financial system and distort credit creation. In response, crypto companies have offered compromises, such as giving community banks a larger role by having them hold a portion of stablecoin reserves or issue tokens. However, not all parties agree, and it's unclear if these proposals will resolve the dispute. The Senate Banking Committee's draft, which bans interest payments to passive token holders, has faced heavy criticism from crypto leaders who argue it would kill innovation. Recent White House-mediated talks ended without a resolution, but lawmakers remain hopeful a compromise can be reached.

bitcoinist02/06 13:43

Crypto Firms Propose Key Stablecoin Concessions To Advance CLARITY Act – Report

bitcoinist02/06 13:43

Banks’ Concerns Over Stablecoin Interest Payments Are ‘Totally Absurd’, Circle CEO Says

Circle CEO Jeremy Allaire dismissed banking industry concerns over interest payments on stablecoins as "totally absurd," arguing that fears of massive deposit flight are unfounded. Speaking at the World Economic Forum, he compared stablecoin rewards to other common financial products like credit cards, emphasizing their role in customer engagement rather than systemic risk. Allaire countered bank claims that stablecoins could drain up to $6 trillion in deposits, noting that similar concerns emerged with money market funds yet lending continued unaffected. He highlighted the shift toward private credit and capital markets, asserting that stablecoins should function as safe, regulated cash instruments while lending evolves independently through new models.

bitcoinist01/23 12:02

Banks’ Concerns Over Stablecoin Interest Payments Are ‘Totally Absurd’, Circle CEO Says

bitcoinist01/23 12:02

While Wall Street Debates, Digital Yuan Starts 'Distributing Money' to Users First

China's digital yuan (e-CNY) has entered a new phase with its 2.0 upgrade, transitioning from a non-interest-bearing digital cash (M0) to an interest-bearing currency (M1). Users can now earn interest on balances in verified wallets at the current demand deposit rate (0.05% annually, paid quarterly), making it more competitive against existing payment tools like Alipay and WeChat Pay. This shift also allows commercial banks to use e-CNY deposits for lending and financial products, increasing their incentive to promote it. The upgrade enhances e-CNY’s functionality through programmable smart contracts, enabling use cases like controlled payments for pre-paid services, family budgeting, and government subsidies. It supports offline transactions via NFC and offers hardware wallets for broader accessibility. Additionally, e-CNY is expanding into cross-border payments, with significant adoption in projects like mBridge, where it facilitates efficient international settlements. Backed by state security and deposit insurance, e-CNY aims to become a foundational digital financial infrastructure beyond just a payment alternative.

marsbit01/21 02:18

While Wall Street Debates, Digital Yuan Starts 'Distributing Money' to Users First

marsbit01/21 02:18

Bank Of America CEO Issues $6T Stablecoin Rewards Warning As Regulatory Debate Heats Up

Bank of America CEO Brian Moynihan has issued a warning that up to $6 trillion in deposits could leave the US banking system for the stablecoin sector if proposed crypto legislation allows interest payments on such tokens. He stated this could reduce banks' lending capacity and increase borrowing costs, particularly harming small and medium-sized businesses. The warning comes amid heated debate over the new market structure bill, which has faced criticism from both banking associations and crypto industry leaders. Coinbase CEO Brian Armstrong expressed strong opposition, arguing the bill would be worse than the status quo by effectively banning stablecoin rewards and restricting key crypto sectors. Due to significant backlash, the Senate Banking Committee has postponed the bill's markup to further review.

bitcoinist01/16 11:04

Bank Of America CEO Issues $6T Stablecoin Rewards Warning As Regulatory Debate Heats Up

bitcoinist01/16 11:04

Clash Over Stablecoin Legislation: Big Banks Vs. The Crypto Industry

The Senate Banking Committee's updated crypto market structure bill (CLARITY Act) has sparked a new battle over the GENIUS Act, which focuses on stablecoin regulation. Blockchain Association CEO Summer Mersinger claims the "Big Bank lobby" is pressuring Congress to revisit settled stablecoin reward legislation to suppress competition, not due to emerging risks. She argues that big banks, controlling assets equivalent to 60% of US GDP, offer low savings yields (0.39%) compared to the Federal Funds rate (3.50%-3.75%), and lobby against technologies providing better consumer returns by invoking "systemic risk" claims. Expert Omid Malekan criticized the notion that stablecoin holders shouldn't earn yields, advocating that interest from Treasury bills should benefit average Americans rather than bank executives. He cited JPMorgan's $25 billion net interest income as evidence of banks profiting from low saver returns, dismissing concerns that interest-paying stablecoins would harm lending. Both advocate for policies prioritizing consumer choice and fair returns.

bitcoinist01/14 11:01

Clash Over Stablecoin Legislation: Big Banks Vs. The Crypto Industry

bitcoinist01/14 11:01

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