#legislation - the daily grind

BREAKING

May 3Coinbase Just Agreed to Kill Passive Stablecoin Yield — And They're Calling It a Win●May 2Gemini Just Beat Every Crypto Exchange in the World — It Now Controls Its Entire Derivatives Pipeline, Legally●May 2500 Ethereum Wallets That Hadn't Moved in 8 Years Were Just Drained — And Nobody Knows How●May 1Visa Just Settled $7 Billion in Stablecoins — and Quietly Doubled Its Blockchain Network●May 1Is North Korea Running an AI That Automatically Hacks DeFi? April's $625M Record Says the Theory Isn't Crazy●Apr 30Vitalik's $470M Ethereum L2 Launched Its Token Today — Hit ATH and Dumped 20% in the Same Hour●Apr 30South Korea's Biggest Credit Card Company Just Chose Solana to Power Payments for 28 Million Users●Apr 29Western Union, Founded in 1851, Just Killed SWIFT With a Solana Stablecoin●Apr 29Pump.fun Just Lit $370 Million on Fire — and the Community Is Furious●Apr 28Bitcoin Has Crashed After 8 of Powell's Last 9 Fed Meetings. He Has One Left.●May 3Coinbase Just Agreed to Kill Passive Stablecoin Yield — And They're Calling It a Win●May 2Gemini Just Beat Every Crypto Exchange in the World — It Now Controls Its Entire Derivatives Pipeline, Legally●May 2500 Ethereum Wallets That Hadn't Moved in 8 Years Were Just Drained — And Nobody Knows How●May 1Visa Just Settled $7 Billion in Stablecoins — and Quietly Doubled Its Blockchain Network●May 1Is North Korea Running an AI That Automatically Hacks DeFi? April's $625M Record Says the Theory Isn't Crazy●Apr 30Vitalik's $470M Ethereum L2 Launched Its Token Today — Hit ATH and Dumped 20% in the Same Hour●Apr 30South Korea's Biggest Credit Card Company Just Chose Solana to Power Payments for 28 Million Users●Apr 29Western Union, Founded in 1851, Just Killed SWIFT With a Solana Stablecoin●Apr 29Pump.fun Just Lit $370 Million on Fire — and the Community Is Furious●Apr 28Bitcoin Has Crashed After 8 of Powell's Last 9 Fed Meetings. He Has One Left.●

BTC -- --%

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Fear & Greed F&G 47 Neutral

#legislation

1 post

Coinbase Just Agreed to Kill Passive Stablecoin Yield — And They're Calling It a Win

May 3, 2026 · 4 min read

The CLARITY Act stablecoin yield compromise bans 'hold and earn' stablecoin rewards in the US. Coinbase backed the deal anyway. Here's the multi-billion dollar calculation behind that decision.