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Token Terminal ๐ยท 2026-04-02 18:08
Should all money be yield-bearing?As stablecoins and tokenized funds continue to proliferate, more consumers will start to question why the freely transferable stablecoin pays no yield while the restricted tokenized fund does.Since both are technically tokens on a blockchain, the boundary between a payment instrument and an investment product becomes a regulatory designation rather than a functional distinction.This convergence puts pressure on policymakers to revisit the classifications that currently dete ...