According to @HenriArslanian, he released an interview with @mraltantutar, CEO and Co-Founder of @moremarketsxyz, examining whether stablecoin yields could redefine the risk-free rate, with the full episode available on YouTube, Spotify, and Apple for traders benchmarking on-chain yields and funding costs; source: @HenriArslanian on X, Nov 20, 2025.

According to the source, Circle reported $740M in Q3 revenue and beat analyst forecasts, indicating stronger earnings momentum tied to USDC (USDC). Source: user-provided source. Circle’s revenue is primarily driven by interest on USDC reserves held in cash and short-duration U.S. Treasuries via the Circle Reserve Fund, so elevated front-end yields bolster earnings quality. Source: Circle disclosures; BlackRock Circle Reserve Fund documentation; Federal Reserve policy statements. For trading impact, monitor USDC market cap trends, USDC versus USDT share on exchanges, and DeFi lending rates to assess potential shifts in stablecoin liquidity, basis spreads, and cross-venue depth. Source: CoinMarketCap circulating supply data; DeFiLlama stablecoin and lending dashboards. Verify the reported figure against Circle’s official financial communications before positioning, as confirmation or revisions can affect expectations for USDC liquidity programs and spillover flows into BTC and ETH. Source: Circle investor communications.

According to the source, Tether reported approximately $10 billion in profit so far in 2025 in its latest financial update. Source: Tether financial update, 2025. The issuer’s earnings are primarily driven by interest income from U.S. Treasury bills and other cash-equivalent reserves that back USDT. Source: Tether Q1 2024 Attestation by BDO; Tether Transparency report. Tether has disclosed building excess reserves and holding portions of reserves in U.S. Treasuries, gold, and BTC, which can strengthen redemption capacity and peg stability during stress. Source: Tether Quarterly Reports 2023–2024; Tether Reserves Composition disclosures. For traders, stronger profitability and larger buffers typically translate into deeper USDT-quoted liquidity on spot and derivatives markets for BTC and ETH, and lower perceived counterparty risk. Source: Kaiko Research 2024 on USDT share of centralized exchange volume; BIS analysis on stablecoin backing and market functioning. Key watchpoints are USDT circulating supply changes, exchange netflows, and stablecoin funding rates, as shifts in these metrics often precede moves in crypto liquidity and basis. Source: Glassnode and CryptoQuant market analytics primers; Kaiko market microstructure reports. Interest-rate direction and U.S. Treasury bill yields will influence Tether’s interest income trajectory, which in turn may affect how aggressively it can grow excess reserves. Source: U.S. Treasury yield data; Federal Reserve policy documentation.

According to @jessepollak, traders can lend USDC through Coinbase and earn a 10.8% yield on Base, presenting a dollar-denominated on-chain income opportunity for stablecoin holders. Source: @jessepollak on X https://twitter.com/jessepollak/status/1968727305103999340. Coinbase confirmed the 10.8% USDC lending offer is available on Base, signaling an accessible pathway for users to deploy stablecoins for yield directly from the exchange. Source: Coinbase on X https://x.com/coinbase/status/1968707809660301371.

According to @ai_9684xtpa, market focus has shifted from SOL picks to where to park USDT for yield, with Plasma seeking USDT deposits, Circle offering USDC staking subsidies, centralized exchanges promoting high APYs, and Yei Finance’s new Clovis product launching a pre-deposit vault (source: @ai_9684xtpa). According to @ai_9684xtpa, the post asserts there is capital backing these yields and frames stablecoin deposit competition as the actionable area for traders to evaluate APY, liquidity, and venue risk among these options, while noting no specific rates or lockup terms were disclosed (source: @ai_9684xtpa).

According to @boldleonidas, many DeFi yield threads claim 24% per month on stablecoins by rotating capital across roughly 50 different protocols, which he characterizes as flinging money across numerous DeFi platforms, source: @boldleonidas on X, Aug 17, 2025. He adds that he often bookmarks these strategies but never returns to execute them, underscoring that headline yields may face real-world execution and follow-through hurdles for traders, source: @boldleonidas on X, Aug 17, 2025.

According to market analysts, the next wave of Real World Assets (RWAs), including tokenized reinsurance, offers crypto traders stable and scalable yield opportunities, with the reinsurance market valued at $784 billion and expected to grow to $2 trillion, enabling composable structured products in DeFi for diversified returns.

According to Tetranode, Ethereum's failure to capitalize on stablecoin yields and its focus on subsidizing Layer 2 solutions is a strategic misstep. Tetranode suggests that if Ethereum does not leverage these yields, investors will seek alternative platforms that do. This statement highlights a potential shift in investor interest towards platforms offering better yield opportunities, which could impact Ethereum's market position and investor trading strategies.