yield

According to Politico, three informed sources revealed that cryptocurrency companies and Wall Street firms will review the new stablecoin yield agreement text from April 2 to 3, which was jointly drafted by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks.Currently, the plan is to limit the review of the text to relevant parties and not to make it publicly available on a broader scale. Last week, parties visiting Capitol Hill were allowed to read the text on-site but were not permitted to take copies out.

According to Jinshi, the yield on the U.S. 10-year Treasury bond rose by 6 basis points to 4.38%, while the December federal funds futures fell by 6.5 basis points.

According to the official page, the total issuance of GUSD on the Gate platform has exceeded 159 million, with an annualized issuance rate currently reported at 3.3%. Meanwhile, the Gate Launchpool EDGEX project is ongoing: the annualized yield for the GUSD pool is currently reported at 18.34%, the annualized yield for the BTC pool is currently reported at 8.69%, and the annualized yield for the ETH pool is currently reported at 11.82%.GUSD is a high-yield asset supported by the income from the Gate ecosystem, government bonds RWA, and stablecoins. The product supports trading and collateral, allowing users to earn daily returns, aiming to provide users with relatively stable returns. In addition, the current reference annualized yields for mainstream cryptocurrencies are: BTC 2.56%, ETH 4.30%, SOL 8.50%, and USDT 3.84%.

Coinbase Chief Legal Officer Paul Grewal stated in an interview with Fox Business that the upcoming "Clarity Act" is "very close" to reaching an agreement regarding the debate on stablecoin yields.Grewal mentioned that the cryptocurrency market structure bill is progressing, although the debate surrounding stablecoin yields continues. He noted that all parties are gradually realizing that while reward mechanisms are important, other key elements in the bill are also crucial for achieving President Trump's vision of making the U.S. the "global crypto capital."The U.S. banking industry has previously lobbied for the "Clarity Act" to include provisions that prohibit crypto platforms from offering yields on idle stablecoin balances, arguing that this could lead to a significant outflow of bank deposits. In response, Grewal stated that there is currently no evidence indicating that deposit outflows are actually occurring and pointed out that the issue of stablecoin yields should not be conflated with other challenges facing the banking industry.Grewal expressed optimism about the bill's prospects, stating that he expects the Senate Banking Committee to initiate review hearings in the coming weeks and ultimately hold a full vote.Coinbase and its CEO Brian Armstrong have previously publicly opposed versions of the bill that prohibit rewards on idle stablecoin balances, arguing that such restrictions would stifle innovation in the U.S. and harm consumer interests. Meanwhile, Coinbase's stock price (COIN) has fallen 50% over the past six months amid a prolonged downturn in the crypto market, closing down 0.9% at $172.99 on Wednesday.

According to Cointelegraph, crypto journalist Eleanor Terrett revealed that the text of the stablecoin yield bill will not be released as scheduled this week, due to concerns that it would give opponents the opportunity to delay the bill before the Senate review.

According to The Block, Finnish EU-regulated cryptocurrency asset service provider Tesseract Investment Oy has officially launched the Tesseract Dedicated Client Vaults platform, designed specifically for institutional and professional investors.Each vault is an independent smart contract, exclusively allocated to a single client, managed by Tesseract, and can be customized according to the client's investment and compliance needs. Clients can deploy the vault through their own wallets, maintain 100% ownership of the vault tokens, and operate segregated custody accounts in accordance with MiCA requirements.Tesseract CEO James Harris stated that existing pooled vault solutions (such as the Morpho vault) may be classified as collective investment schemes under the MiCA framework, exposing yield tokens to unlicensed securities risks, and this platform aims to provide a compliant alternative.

According to Crypto in America, U.S. senators are expected to release the final compromise text on stablecoin earnings and reward mechanisms this week as part of the discussion on the Clarity Act;Meanwhile, Anchorage Digital and Chainlink have joined a new bipartisan hybrid PAC initiated by members of the Digital Chamber of Commerce to promote a pro-crypto regulatory agenda.

According to Jinshi, U.S. Treasury yields continue to decline from their highs, with investors gradually shifting their focus to the risks of the Middle East war on economic growth and inflationary pressures. The surge in energy prices has raised concerns about inflation, prompting the market to significantly lower expectations for a U.S. rate cut.Konstantinos Chrysikos from Kudotrade stated that a series of U.S. economic data released this week will be crucial for shaping expectations around monetary policy. Tradeweb data shows that the two-year U.S. Treasury yield fell by 2.3 basis points to 3.893%; the 10-year yield dropped by 4 basis points to 4.4%.

CoinDesk analyst James Van Straten pointed out that the 40-year Japanese government bond yield has risen above 4%, and the Bank of Japan's interest rate hike may become the next "black swan" event.

According to the latest data from the Gate platform, the total staking amount for its SOL mining (staking) product has reached 519,200 SOL, with a reference annualized yield of 9.50%. Users staking SOL can receive an equivalent amount of GTSOL assets, achieving asset appreciation.This service supports instant redemption, releasing liquidity and obtaining stable returns. In addition to SOL, the platform also offers multi-currency staking options. As of the time of publication, the reference annualized yields are: GUSD 3.30%, BTC 2.56%, ETH 4.20%, and USDT 4.02%.

Crypto journalist Eleanor Terrett revealed that the office of U.S. Senator Thom Tillis plans to publicly release legislative text related to stablecoin yields and reward mechanisms next week, and is currently in ongoing communication with various industry stakeholders.According to reports, this move comes in response to dissatisfaction expressed by participants in the crypto industry, such as Coinbase, regarding the relevant terms presented earlier this week. Coinbase's Global Head of Investment Research, David Duong, stated that the industry is preparing a coordinated counter-proposal aimed at pushing for adjustments to the terms to protect users while maintaining a sustainable reward mechanism.

1inch announced the launch of the 1inch DAO Aqua yield flow incubator, allocating $400,000 in funding to support Aqua strategies that can generate yield.Each team can receive up to $50,000 in funding, and the profit share will be returned to the DAO treasury.

According to Jinshi Data, the yield on the 30-year U.S. Treasury bond rose to 4.986%, reaching a new high since September of last year.

According to CoinDesk, Bitcoin has fallen below $68,000, down about 2% in the last 24 hours. The 48-hour liquidation heatmap shows a significant concentration of liquidity below $66,000, indicating that Bitcoin may further decline in the short term.In terms of funding rates, the perpetual contract funding rate has turned negative, with shorts needing to pay fees to longs, reflecting the bearish sentiment in the market. The macro environment continues to deteriorate. The yield on the U.S. 10-year Treasury bond is approaching 4.5%, the highest level since last year, reducing the appeal of risk assets like cryptocurrencies. The MOVE index, which measures volatility in the U.S. bond market, has risen 18% in the past 24 hours, indicating increasing uncertainty.Meanwhile, Ukraine's disruption of Russian oil circulation has derailed Trump's plans to ease supply tensions, with both Brent crude and WTI crude rising about 3%. The U.S. dollar index DXY has also risen to 100, further suppressing risk assets.

According to Jinshi Data, the yield on Japan's 10-year government bonds has risen to its highest level since 1999.

According to Jinshi, the yield on the U.S. 2-year Treasury bond rose to 4%, increasing by 10 basis points during the day; the latest pricing of interest rate futures shows that the Federal Reserve is expected to raise rates by about 15 basis points by the end of this year.

According to official news, in order to optimize the revenue structure and build a more sustainable balanced revenue environment, the JustLend DAO platform will adjust the annualized yield of the supply mining rewards in the USDD market to approximately 4.75% starting from March 26, 2026, at 20:00 (Singapore time), with rewards distributed in the form of USDD. The platform stated that it will closely monitor market changes, dynamically assess the level of returns, and make flexible adjustments to the annualized yield in a timely manner to ensure user rights while promoting the long-term stable development of the ecosystem.

According to researcher Vadym's analysis, DeFi is expected to generate approximately $8 billion in on-chain revenue by 2025. The largest source is AMM trading fees, accounting for about $4.2 billion, with Uniswap, Meteora, and Raydium making up 62%; lending interest is the second largest source, around $1.76 billion, with money markets like Aave and Morpho contributing over 60% of DeFi's total TVL, although about half of the lending demand is due to cyclical leverage operations.RWA contributes $600 million to $900 million, with U.S. Treasury bonds making up about 41% of the RWA market. Perpetual contract funding rates contribute about $300 million, mainly from Ethena. It is noteworthy that more than half of the stablecoin deposit yields in the Ethereum ecosystem are below U.S. Treasury bond rates. Potential sources of revenue such as insurance underwriting and on-chain options have yet to be fully developed. Analyzing Sky (formerly MakerDAO) as an example, it is pointed out that about 70% of its revenue comes from off-chain assets, reflecting that TradFi revenue is accelerating into DeFi through licensed channels.

This week, a compromise proposal regarding the yield section of the Clarity Act by U.S. Senators has sparked mixed reactions within the crypto industry. Coinbase has expressed dissatisfaction with the latest compromise text to the senator's staff but has not publicly stated opposition.The proposal was presented to stakeholders in the crypto industry on Monday, with some expressing dissatisfaction while others felt the outcome was better than expected. The proposal will instruct certain regulatory agencies to formulate rules to clarify the regulatory approach to yield-generating activities, but there are concerns that regulators may set subjective standards. Additionally, the text may limit companies' ability to tie rewards to the scale of stablecoin transactions.During this week's industry conference call, Coinbase had disagreements with other parties, with some companies believing that giving up certain stablecoin rewards is too costly, while others felt that losing the Clarity Act poses a greater risk to the overall legislative framework for the crypto industry. Previously, news related to this compromise proposal had impacted the market, with Circle's stock price dropping 20% on Tuesday and slightly rebounding on Wednesday.White House crypto advisor Patrick Witt criticized the related predictions on the X platform as "uninformed" and stated that "everything will be resolved." The final text is expected to be released this weekend or early next week.