TD Cowen:银行或难赢稳定币收益之争,但长期僵持可能危及美国加密立法

Odaily星球日报讯 投资银行 TD Cowen 表示,在围绕稳定币收益(yield)的政策争议中,银行业最终可能在政治层面处于劣势,但持续的行业博弈可能拖慢甚至威胁美国加密市场结构法案的推进。

TD Cowen 华盛顿研究部门董事总经理 Jaret Seiberg 在报告中指出,银行业反对稳定币向用户提供收益,本质上是在反对消费者获得额外回报,因此在政治层面难以长期维持优势。不过,如果这一争议持续发酵,可能会影响 CLARITY Act(数字资产市场清晰法案) 的通过进程。

该分析发布之际,美国货币监理署(OCC)正就落实 GENIUS Act(稳定币法案)提出具体规则建议。根据提案,稳定币发行方被明确禁止向持币者直接支付利息或收益。同时,若发行方与关联实体协调,由第三方平台向用户支付稳定币收益,也可能被推定为违法行为。

OCC 表示,将针对不同情况进行个案评估,并就相关规则开启 60 天公众意见征集期。

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