VNCOIN Guide: Citi says stablecoin rewards restrictions could slow Circle’s USDC, not stop it

Bai viet duoc VNCOIN.NET tom tat nhanh tu nguon quoc te de giup ban nam bat xu huong thi truong nhanh hon.

Tom tat nhanh

  • Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S.
  • market structure legislation would be a setback for Circle (CRCL) but not a fundamental threat to the investment case.
  • "We view this development potentially (but not necessarily) as a scaling setback, but not a thesis killer," wrote analysts led by Peter Christiansen in the Tuesday report.
  • The draft bill allows narrowly defined rewards programs as long as they don’t resemble bank deposit interest, the analysts said.
  • A broader ban on third-party rewards would not directly affect Circle’s net revenue, as the firm already passes most of its reserve income to distribution partners like Coinbase (COIN).
  • Still, the analysts expect weaker incentives to hold USDC, which they characterize as a payment instrument rather than a security, could temporarily reduce circulation and secondary-market liquidity.

Goc nhin VNCOIN.NET

Hay uu tien kiem tra quan tri rui ro truoc khi vao lenh. Cac noi dung tren mang tinh tham khao, ban nen doi chieu them du lieu thi truong thuc te truoc khi ra quyet dinh.

Nguon tham khao: https://www.coindesk.com/policy/2026/03/26/stablecoin-rewards-restrictions-can-slow-but-not-stop-circle-s-usdc-says-citigroup

Để lại một bình luận

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Lên đầu trang