@kimyen
Looks like the big war coming soon on Capitol Hill is over yield bearing stable coins.
Yield benefits new entrants like Coinbase & Decentralized Products like $USDS. Not allowing the yield benefits banks.
I can hear Robinhood & Coinbase warring for that market & the money market fund market share that comes with onchain yield. https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTkwFvQE9OKn9Xmf-PMhdoqvJ24cKrRtRhEJg&s