Everyone on this board seems super bullish about the GENIUS act, which I get because it would dispel the tether fud and similar concerns once and for all, but the fact that it prevents stablecoin issuers from paying yield to holders seems pretty fucked up. Right now, when I sell I usually just keep my stables on the exchange and either stake them or passively collect yield while I wait for a reentry. If I couldn’t do this and wanted to generate interest on my cash I’d have to move it off the exchange and into treasury bonds or a HYSA until I’m ready to deploy it which is a huge pain in the ass AND puts me back into tradfi which sort of defeats the point. What do you guys think? I feel like this is a total capitulation to banks and potentially a sleeping giant because it disincentivizes people to hd stables for more than a month or so at a time.