POPA ReconEuropean Central Banks Push to Extend Stablecoin Yield Ban
European Central Banks Push to Extend Stablecoin Yield Ban The European System of Central Banks is pushing to extend MiCA’s stablecoin yield restrictions to crypto lending, borrowing, staking and other structures that can generate indirect returns. The central banks argue that stablecoins can create yield indirectly through lending, staking and liquidity incentives. They want MiCA’s remuneration ban to cover these structures and bring crypto lending, borrowing and staking under EU-level rules. The proposal comes as stablecoin reserve economics face growing scrutiny. Tether co-founder Reeve…
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