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427 The GENIUS Act Killed Yield-Bearing Stablecoins. That Might Save DeFi

CoinDesk
Ben Nadareski @ CoinDesk · 07/15/2025 13:39 EDT

The GENIUS Act Killed Yield-Bearing Stablecoins. That Might Save DeFi

Congress may pass the most consequential crypto law of the century this week. That’s bad news for one of DeFi’s murkiest gray areas, yield-bearing stablecoins.

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