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Stablecoin Yield Explained: Why 'Passive Yield' Is Banned but 'Activity Rewards' Are Fine
The Tillis-Alsobrooks compromise of May 1, 2026 drew a legal line that will reshape every stablecoin product in the US. Here's what it actually says, why banks pushed so hard for it, and what it means for your Coinbase rewards, PayPal PYUSD, and DeFi protocols like Aave.