US Stablecoin Yield Ban May See Others Step Up: Ledger Exec
Ledger's Asia-Pacific lead suggests a US ban on stablecoin yields could encourage other nations to explore offering them.Summary
According to Takatoshi Shibayama, Asia-Pacific lead at Ledger, a potential US ban on stablecoin yield payments may incentivize other countries to offer this option. He notes that a US ban would spark conversations between institutions, stablecoin issuers, and regulators globally. While some countries like Australia have offered regulatory carveouts, most stablecoins currently avoid yields to protect banking interests. Shibayama also highlights a shift in Asia, where institutions are focusing on blockchain technology—specifically tokenization and stablecoin issuance—rather than direct cryptocurrency exposure. Asset managers, however, are still exploring crypto products, though with increasing selectivity regarding custody providers.
(Source：Cointelegraph)