Economists Iñaki Aldasoro and Rashad Ahmed recommended regulators weigh whether stablecoin issuers should be permitted to pay interest yields to holders.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.