1/ The recently passed GENIUS Act marks a major regulatory shift: under Section 4(a)(11), stablecoin issuers like @circle ($USDC) or @Tether_to ($USDT) are prohibited from passing on any form of yield to users. This echoes the stance taken by Europe’s MiCA regulation.

2/ Stablecoins must act as digital cash, not as alternatives to savings accounts or securities. This means that to be treated like legal tender and integrated into the formal payments ecosystem, they must not intrinsically offer yield to holders.

3/👉 But here’s the catch: demand for yield hasn’t gone anywhere. In fact, as inflation lingers and savings rates remain low, users and institutions alike are actively looking for compliant ways to earn returns on their digital dollars.

4/ That’s where platforms like OpenTrade step in. Rather than embedding yield into the stablecoin itself (and thereby triggering securities regulation), OpenTrade enables users to access compliant yield-generating opportunities on top of non-yielding, permitted stablecoins like $USDC.

5/ This model preserves the core utility of stablecoins as payment instruments while allowing users to tap into real-world returns through transparent, regulated financial infrastructure. This model protects the legal status of the stablecoin while unlocking real-world returns, especially critical for emerging markets, fintechs, and digital wallets looking to build confidently on stablecoin rails.