Open an Account

Ethena's USDe Pays Yield Legally, And The GENIUS Act Has No Answer For It

By Zennon Kapron, Contributor | 2026-06-15 17:00:13 | 3 months ago

Ethena's USDe pays yield through a delta-neutral funding trade, sidestepping the GENIUS Act Section 4(a)(11) ban that forced Circle and Coinbase to restructure USDC.

Source : https://www.forbes.com/sites/digital-assets/2026/06/15/ethenas-usde-pays-yield-legally-and-the-genius-act-has-no-answer-for-it/

keywords : Forbes Digital Assets|/digital-assets|Forbes Digital Assets|/digital-assets|standard

sentiment : NEUTRAL

category data : EXCHANGE | USDC | CRYPTOCURRENCY

AltPaths — Cryptocurrency Analytics Platform & Ultimate Crypto Screener Real-time market intelligence, advanced technical analysis, and AI-powered forecasts—all in one platform.

Ethena's USDe Pays Yield Legally, And The GENIUS Act Has No Answer For It