MiCA Article 50 bans stablecoin interest, leaving lending as the only yield source
- —MiCA Article 50: e-money token issuers may not grant interest
- —The ban covers bonuses and discounts tied to holding periods
- —Article 40 imposes the same rule on asset-referenced tokens
- —USDC became the EU's first significant e-money token on October 14, 2026
Why it matters: Stablecoin yield in the EU is platform credit risk rather than an issuer guarantee, changing how holders assess these products.
Source: CryptoTicker