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Analysis: GENIUS Act bans yield-generating stablecoins, which will benefit Ethereum DeFi

By: odaily.com|2025/07/19 00:21:43

Odaily News After the US GENIUS Act officially banned yield-based stablecoins, analysts believe that it will drive funds into the Ethereum DeFi ecosystem. Such stablecoins can generate interest for holders through staking or lending. Analysts pointed out that the ban on stablecoin yields will force institutions and users to turn to DeFi protocols on Ethereum to obtain passive income, which is beneficial to ETH and decentralized finance. (Cointelegraph)

Report: Hackers continue to detect TeleMessage vulnerabilities, and there have been multiple attack attempts

Ether.fi will be listed on the HyperLiquid ecosystem and launch beHYPE staking token