# Сопутствующие статьи по теме Yield

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

Crypto's New Frontier: Building the Next Generation of Permissionless Neobanks

Crypto Neobanks: Building the Next Generation of Permissionless Banking A new paradigm is emerging in crypto's second decade: permissionless neobanks. Unlike fintech neobanks that improved banking's front-end but kept traditional back-ends, crypto neobanks aim to rebuild the entire financial backend using stablecoins and public blockchains. They provide a unified, self-custodial interface for four core financial functions: Store, Spend, Grow, and Borrow. The landscape includes self-custody wallets (Ledger, MetaMask), payment solutions (EtherFi card, Bitget QR), growth platforms (Hyperliquid for trading), and lending protocols (Aave, Morpho). Centralized exchanges like Coinbase and Binance are also evolving into full-service neobanks. Key insights: - Success requires capturing high-velocity money flows, starting with Grow (trading fees) and Borrow (interest), then expanding to Spend and Store. - Wallet-first approaches face monetization challenges unless they drive active transactions. - Payment-focused apps must move beyond card commoditization to build unique user loyalty. - Enterprise "stablecoin chains" (Stable, Tempo) prioritize institutional efficiency and privacy. - Non-custodial lending remains crypto's "holy grail," limited by the lack of robust identity systems. Future opportunities lie in solving privacy-compliance parity, achieving real-world composability, leveraging permissionlessness for global-local strategies, and unlocking undercollateralized consumer credit. Crypto neobanks aren't just new apps—they are rebuilding the underlying rails of money itself.

marsbit2 дня назад 04:00

Crypto's New Frontier: Building the Next Generation of Permissionless Neobanks

marsbit2 дня назад 04:00

Who Controls the Profit Rights of Digital Dollars? The Wall Street vs. Crypto Capital Game Behind the CLARITY Act

The CLARITY Act represents a pivotal U.S. legislative effort to regulate digital assets, moving beyond the infrastructure-focused GENIUS Act. It aims to end "regulation by enforcement" by granting the CFTC exclusive jurisdiction over digital commodities and the SEC over investment contracts. A major conflict emerged in the Senate over "yield-bearing stablecoins." Traditional banks, fearing massive deposit outflows and damage to their net interest margins, lobbied for a total ban on third-party stablecoin yields. The crypto industry, led by Coinbase, argued this would stifle innovation, deprive users of rightful earnings from underlying assets like Treasuries, and drive capital offshore. The debate reached a stalemate in early 2026, stalling the bill's progress. White House mediation set a March 1 deadline for a compromise. A proposed solution, the "Digital Markets Restructure Act," introduced a "Yield Neutrality" principle, decoupling yield rights from bank charters, and a "Residual-Risk Assessment Model" to regulate based on actual risk (enterprise, exposure, market) rather than outdated classifications. The outcome will profoundly impact the U.S. financial system: potentially deepening demand for U.S. Treasuries, lowering government borrowing costs, and extending dollar hegemony digitally. It forces traditional banks to digitize and could cause a major schism in DeFi, pushing compliant players toward institutionalization and smaller, non-compliant protocols offshore. The act ultimately decides who controls the profits of the digital dollar.

marsbit02/22 05:34

Who Controls the Profit Rights of Digital Dollars? The Wall Street vs. Crypto Capital Game Behind the CLARITY Act

marsbit02/22 05:34

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