The GENIUS Act Yield Ban Gave Banks a Structural Moat — Tokenized Deposits Can Pay Interest; Stablecoins Cannot
The GENIUS Act is usually framed as consumer protection for the stablecoin era. That framing is not wrong, exactly, but it misses the mechanism that actually matters. Section 4(a)(11) of the law, signed in July 2025, prohibits any permitted payment stablecoin issuer from paying holders any form of interest or yield — whether in cash, […]
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- 2026-09-09 04:51 UTC
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- 2026-09-09 04:53 UTC
What happened
- The GENIUS Act Yield Ban Gave Banks a Structural Moat — Tokenized Deposits Can Pay Interest; Stablecoins Cannot
Why it matters for stablecoins
Reviewed Forkast News reporting on Payments and Tokenisation matters for Stablecoin payments readers.
Timeline
Publisher published the item
Forkast News reported the item at 2026-09-08T22:14:19.000Z.
Sources
This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
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