yield

JPMorgan CEO Jamie Dimon stated on CNBC on Monday that he welcomes competition and development in blockchain technology but emphasized that the earnings from stablecoins should operate under a fair regulatory environment.Dimon pointed out that any institution holding customer funds and paying interest is essentially engaged in banking and should be subject to the same regulatory constraints. He proposed a compromise: rewards could be allowed for transaction payments, but if it involves holding balances and paying interest, it should be regulated according to banking standards. He also listed the regulatory obligations that banks must bear, including FDIC insurance, anti-money laundering regulations, and capital liquidity requirements.In terms of legislative progress, the Senate Agriculture Committee has narrowly advanced the market structure bill by a vote of 12 to 11 on January 29, which still needs to be reviewed by the Senate Banking Committee before it can be submitted for a full vote in the chamber.

Strategy founder Michael Saylor posted on social media that the STRC dividend rate, due in March 2026, has been raised by 25 basis points to 11.50%.

Coinbase Chief Policy Officer Faryar Shirzad posted on the X platform in response to "the White House's agreement goals may fall short." He stated that Coinbase and the company's CEO Brian Armstrong have been involved in negotiations for months and have committed to several potential compromise solutions. Coinbase's core goal has always been to protect the interests of the GENIUS Act and the general American public. He also thanked Patrick Witt, Executive Director of the President's Digital Asset Advisory Council, for his efforts in pushing for problem resolution and looks forward to the smooth implementation of the President's crypto agenda.According to senior journalist Sander Lutz from crypto media Decrypt, the White House originally hoped to reach an agreement on stablecoin yield issues before the weekend, but a banking industry insider directly involved in the negotiations stated that this goal would not be achieved. The current divide between the crypto industry and banking lobbyists regarding whether stablecoins should generate yield remains significant. This controversy has become a major obstacle to advancing the crypto market structure bill and directly points to Coinbase CEO's insistence that stablecoins should be able to generate yield for users.According to previous reports from ChainCatcher, David Sacks, the White House's crypto and AI director, stated that the crypto industry has made significant concessions regarding stablecoin yields, and banks should respond accordingly.

White House Crypto and AI Director David Sacks stated, "White House Cryptocurrency Council Executive Director Patrick Witt has done an outstanding job mediating compromises between banks and the crypto industry. No one has worked harder than him to push for the passage of crypto market structure legislation.By the way, the crypto industry has made significant concessions on stablecoin yields, and now it's time for banks to respond accordingly."

White House AI and Crypto Affairs Director David Sacks stated on social media that Patrick Witt is advancing the compromise between the banking industry and the crypto sector, actively facilitating the implementation of market structure legislation.Sacks noted that the crypto industry has made significant concessions on the stablecoin yield issue and called for a corresponding response from the banking side.

Cryptocurrency journalist Eleanor Terrett stated that several individuals in the crypto industry publicly defended Patrick Witt and the White House's position after anonymous sources claimed a pessimistic outlook for stablecoin yield negotiations.A banking industry insider with direct knowledge of the negotiation progress mentioned that the banking representatives who attended last week's White House meeting (from ABABankers, ICBA, and the Bank Policy Institute) were confused by the statements and did not agree with the anonymous sources' views, and they have provided feedback to the White House regarding the situation.The insider also indicated that both parties are still in ongoing communication regarding the bill's text, and the March 1 deadline is not a decisive cutoff date.

According to Jinshi reports, under geopolitical risks and expectations of a possible interest rate cut by the Federal Reserve, U.S. Treasury yields accelerated their decline during European trading hours, flattening the yield curve, with short-term yields falling more than long-term yields. Exness analyst Val Makaren stated that the January PPI data "will become the next turning point," and if inflation relief is confirmed, it will strengthen the downward trend of yields and further suppress the dollar.

According to Decrypt, Wall Street giant Morgan Stanley manages nearly $9 trillion in client assets, and its new head of digital asset strategy, Amy Oldenburg, stated that the company hopes clients will be able to custody and trade Bitcoin on its platform. When asked whether the bank also intends to offer Bitcoin-based yield and lending services, she expressed strong support.She told Strategy CEO Phong Le at the "Corporate Bitcoin Conference" held in Las Vegas on Wednesday: "These are part of the discussions and explorations, and they are a natural component of Morgan Stanley's roadmap. I think we are still in very early stages in this regard."

U.S. lawmakers have recently resumed discussions on the yield mechanisms of stablecoins, with some legislators expressing concerns that the yields offered by stablecoins could lead to a drain on bank deposits and blur the lines between crypto products and traditional bank deposits.During a Senate Banking Committee hearing, Senator Angela Alsobrooks stated that while she supports financial innovation, the yield mechanisms of stablecoins could create products similar to bank deposits but lack corresponding regulatory and protective measures, potentially leading to future deposit outflow risks. The issue of stablecoin yields has been one of the core topics in legislative negotiations within the crypto market. The stablecoin bill GENIUS, passed in 2025, has prohibited stablecoin issuers from directly paying interest to holders, but it has not banned third-party platforms like Coinbase from offering rewards to users for holding coins.Banking professionals believe that allowing stablecoins to offer yields would undermine the deposit base of the traditional banking system. A previous study by the Independent Community Bankers of America indicated that if stablecoin yield mechanisms were fully opened, bank deposits could decrease by approximately $1.3 trillion, leading to a reduction of about $850 billion in community bank loans. The crypto industry, however, argues that restricting stablecoin yields would stifle innovation. Some industry insiders have stated that there is currently no evidence to suggest a significant correlation between the proliferation of stablecoins and the outflow of bank deposits.Senator Thom Tillis has indicated that he will request regulators to conduct an independent assessment of the risks of deposit outflow that stablecoins may trigger. Meanwhile, the White House has recently organized multiple rounds of meetings between banks and crypto companies, hoping to reach a solution on the issue of stablecoin yields by the end of this month.

According to The Block, Telegram's embedded crypto wallet TON Wallet has announced the launch of on-chain yield options for Bitcoin, Ethereum, and USDT holders. Users can deposit assets into the "vault" to participate in on-chain strategies aimed at generating variable returns.Among them, the USDT strategy can achieve an annualized return of up to 18%, supported by the Re7 DeFi strategy; the ETH and BTC vaults extend the yield functionality to the two major cryptocurrencies. This feature is implemented through TON Wallet, with integration from Morpho, TAC, and Re7.

According to Cointelegraph, cryptocurrency ETP provider 21Shares launched the Strategy Yield ETP (code: STRC NA) on Thursday at Euronext Amsterdam, providing European investors with a convenient channel to invest in preferred shares of Strategy, a company owned by Michael Saylor.The product is backed by 717,000 bitcoins (worth approximately $4.7 billion) held by Strategy, offering an annual variable dividend yield of 11.25%.

According to The Block, the startup behind the multi-signature wallet Safe Wallet, Safe Labs, announced the official integration of the Morpho vault, allowing users to earn euro yields through the compliant stablecoin EURCV issued by Société Générale.The program enables users to directly connect to the dedicated vault on the Morpho protocol within their Safe wallet. This vault is managed and maintained by the institutional-grade DeFi research firm Steakhouse Financial, aiming to provide users with DeFi yields based on EURCV (the euro stablecoin compliant with MiCA regulations).

According to Onchain Lens monitoring, a certain whale deposited 650.76 BTC, worth 43.05 million dollars, to Gemini after being inactive for three years. If sold, it would yield a profit of 25.37 million dollars.

According to TheBlock, Soil has launched the first RWA-compliant yield protocol on the XRP Ledger, with its initial $1 million liquidity pool fully raised within 72 hours.This launch adds yield functionality to Ripple's USD-pegged stablecoin RLUSD. Meanwhile, according to data from RWA.xyz, the tokenized real-world asset value on the XRP Ledger has surpassed that of Solana.

According to crypto journalist Eleanor Terrett, the known attendees of the third meeting on stablecoin yield issues include Coinbase Chief Legal Officer Paul Grewal, Ripple Labs Chief Legal Officer Stuart Alderoty, a16z Crypto Policy Director Miles Jennings, and other representatives from the banking industry.Previous reports indicated that the third meeting on stablecoin yield issues is scheduled to take place at 9:00 AM Eastern Time (10:00 PM Beijing Time) at the White House, with a small group of representatives from the cryptocurrency and banking industries in attendance.

According to Jinshi, U.S. Treasury yields continued to decline after the CPI data was released, with the 10-year yield recently down 3.3 basis points to 4.071%.

Recently, the Bybit Alpha MNT--USDC liquidity pool's APR has risen significantly, driving a noticeable increase in TVL. Previously, the pool's yield surged to 777%, attracting capital inflow due to high yield expectations.As the platform supports MNT as a staking asset, more token holders are choosing to participate in liquidity mining in a coin-based manner, obtaining additional returns while maintaining their MNT exposure, which drives the pool's scale to expand periodically.

suiUSDe, supported by Ethena, has launched on the Sui mainnet, becoming the network's first "synthetic dollar" token. SUI Group has established a new suiUSDe yield vault on Bluefin's Ember Protocol, with an investment of 10 million dollars.

Bitget launches a limited-time high-yield financial product for the Spring Festival. During the event, users can subscribe to a 14-day fixed-term financial product. By meeting specific net subscription thresholds, users can receive additional rewards in the form of XAUT interest rate increases. The combined interest rates can reach up to an annualized 10% for USDT, 3.5% for BTC, and 4% for ETH.In addition, for any financial product subscribed with a total of 100 USDT, users can also receive an exclusive XAUT red envelope, with each envelope containing 0.001 XAUT, limited to 1000 participants. The event ends on February 25, 2026. For more details about the event, please refer to the official Bitget platform.

The White House has met with banks and cryptocurrency companies to discuss whether stablecoins should be allowed to offer yield rewards. According to informed sources, the discussions have been described as "productive," and there are signs of initial compromise. No agreement has been reached yet, and more meetings are expected to take place before the March 1 deadline.