DeFi is paying big to accumulate USDC
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.
Circle’s USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether’s USDT.
Circle’s rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.