🚨 BTC keeps falling 📉 At this moment, the SEC has given the green light for interest bearing stablecoins: traditional funds are still expected to accelerate their on chain growth! The SEC has approved the first interest bearing stablecoin YLDS, and its impact may be far more significant than the market imagines: 🔹 Stablecoins are evolving from a "cash substitute" to a new asset that combines the dual attributes of a "payment tool" and a "revenue tool". How long can the traditional model last? 🔹 Tether's profit in 2024 is expected to reach $13.7 billion, but the returns are not related to the users holding the coins. However, interest bearing stablecoins such as YLDS are challenging this pattern and sparking a wave of "asset income redistribution",. 🔹 The entry speed of institutions is accelerating, and ARK Invest reports that hedge funds are incorporating stablecoins into their cash management strategies, making them a new favorite on Wall Street. The SEC's decision is just the beginning. More compliant interest bearing stablecoins may emerge in the future, and the market landscape is quietly changing. Do you want to know more about why the SEC approved YLDS and how interest bearing stablecoins affect the cryptocurrency market? The fourth installment of the Wall Street series on the blockchain has been released. Click the link to view it 👉 https://(medium.com)/@OKGResearch/okg-research-btc%E5%A4%A7%E8%B7%8C-sec%E6%94%BE%E8%A1%8Cylds%E5%BC%80%E5%90%AF%E7%A8%B3%E5%AE%9A%E5%B8%81%E6%94%B6%E7%9B%8A%E6%97%B6%E4%BB%A3-%E9%93%BE%E4%B8%8A%E5%8D%8E%E5%B0%94%E8%A1%97-04-574a9c365a69 Bitcoin, stablecoin, interest bearing stablecoin, SEC 🚀