Defi
Are You Sure Your USDC Rewards Are Safe?
Unchained·October 22, 2026·1 min read
Under the GENIUS Act, a stablecoin law passed in July 2025, issuers cannot pay interest to holders. Coinbase pays 3.75% annually to customers holding USDC, the dollar-pegged stablecoin issued by Circle. This practice raises questions about compliance and the safety of such rewards.
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