Patrick Collison, co-founder of Stripe, has highlighted an evolving trend in the stablecoin market where issuers will need to share yields with others. Collison suggests this is part of a broader movement where everyone will have to share returns. He noted that the average interest rate on U.S. savings deposits is just 0.4%, with approximately $4 trillion in deposits earning zero interest, while non-corporate deposit rates in Europe are only 0.25%.
Collison argues that savers should receive returns closer to market rates and criticized lobbying groups that, following the GENIUS Act, have pushed to limit stablecoin yield mechanisms, describing them as overly consumer-hostile and destined to fail.
Stripe Co-Founder Predicts Yield Sharing in Stablecoin Market
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.