The Canadian yield prohibition in draft stablecoin regulations released October 24, 2026, allows usage-based rewards while banning holding-based interest, aiming to distinguish stablecoins from bank deposits

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.