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📈 Breaking: Yield-bearing stablecoins are surging post-GENIUS Act
Since the July 18 signing of the U.S. GENIUS stablecoin bill, $USDe supply has jumped 70% to $9.49B (now 3rd largest), and $USDS rose 23% to $4.81B (4th largest).
With issuers banned from offering direct yields, investors are flocking to protocol-based staking:
• $sUSDe APY: 10.86%
• $sUSDS APY: 4.75%
#Stablecoins # GENIUSAct #USDe # USDS #CryptoNews