According to @business, crypto and banking advocates are clashing over whether policymakers should distinguish between allowing stablecoins to offer rewards for payments and permitting them to attract deposits away from traditional banks (source: Bloomberg/@business, Oct 2, 2025). According to @business, the dispute is framed as a renewed rift with banks over deposits and centers on how payment incentives are treated versus deposit-like offerings in prospective rules (source: Bloomberg/@business).

According to the source, Brian Armstrong said banks are pushing to block USDC rewards despite protections under the GENIUS Act and labeled the stance hypocritical. Source: Brian Armstrong on X. A curtailment of USDC rewards would reduce low-risk yield options on U.S. venues, potentially lowering incentives to hold USDC on exchanges and affecting stablecoin-driven liquidity conditions traders rely on for tight spreads. Source: independent analysis. Traders should monitor USDC on-chain supply trends, exchange USDC balances, and any updates on GENIUS Act implementation or related regulatory guidance that could define whether stablecoin rewards are permissible. Source: independent analysis. Market watchpoints include Coinbase (COIN) disclosures related to USDC rewards or yield programs and any bank lobbying developments that may influence platform reward policies. Source: independent analysis.

According to @coinsph, users who deposit at least 100 USDT via the KaiaChain Network receive an instant USDT reward credited to their Coins wallet. Source: @coinsph on X, Sep 17, 2025. The promotion is available to the first 300 users, with extra rewards for the top 100 depositors by volume at the end of the promo. Source: @coinsph on X, Sep 17, 2025. The campaign runs until October 2, 2025. Source: @coinsph on X, Sep 17, 2025.

According to @coinsph (X, Sep 15, 2025), 20 KaiaChain Learn & Earn winners will each receive 12.5 USDT (about PHP 715), with rewards credited to Coins wallets by October 10, 2025 (source: @coinsph; winners list: bit.ly/KAIALandEW). The total distribution equals 250 USDT, calculated as 20 winners times 12.5 USDT per winner (source: @coinsph). Traders tracking exchange inflows can note the scheduled deposit date for USDT into Coins.ph wallets to monitor timing of small promotional credits (source: @coinsph).

According to Jake Chervinsky, the bank lobby has already secured a ban on yield-bearing stablecoins and is now pressuring against stablecoin reward programs, suggesting regulators only tolerate zero-yield stablecoins, source: Jake Chervinsky on X, Sep 11, 2025. For trading, his statement signals potential regulatory headwinds for products that pay yield or rewards on stablecoin balances, which could compress DeFi stablecoin yields, curb adoption of reward-linked stablecoin offerings, and increase compliance risk premia across related tokens, source: Jake Chervinsky on X, Sep 11, 2025. Traders should monitor policy developments and any changes to reward terms by stablecoin issuers and DeFi platforms, reassess risk on strategies dependent on yield-bearing or reward features, and watch liquidity flows from stablecoin farms into non-yield assets, source: Jake Chervinsky on X, Sep 11, 2025.

According to @ai_9684xtpa, Bybit has listed StraitsX’s USD-pegged stablecoin XUSD and is targeting fiat on- and off-ramp growth with deposit incentives. Source: https://x.com/Bybit_Official/status/1965719436091916532; Source: https://twitter.com/ai_9684xtpa/status/1965727725718761516 XUSD is issued by StraitsX and pegged 1:1 to the US dollar, while the issuer also offers Singapore dollar (XSGD) and Indonesian rupiah (XIDR) stablecoins. Source: https://straitsx.com StraitsX states it holds a Major Payment Institution license from the Monetary Authority of Singapore, supporting e-money issuance and cross-border services. Source: https://straitsx.com; Source: https://eservices.mas.gov.sg/fid The author notes XUSD had launched on Binance earlier, with current liquidity and volume mainly concentrated there. Source: https://twitter.com/ai_9684xtpa/status/1965727725718761516 Bybit is promoting a SWIFT bank transfer bonus where deposits of at least 1000 USD receive a 25 XUSD rebate, effectively offsetting fees for new entrants, per the author. Source: https://twitter.com/ai_9684xtpa/status/1965727725718761516 Bybit also launched a limited-time campaign allowing holders of MNT or XUSD to share a 60,000 XUSD prize pool, with rules outlined in its announcement. Source: https://announcements.bybit.com/zh-MY/article/hodl-mnt-or-xusd-and-win-stablecoins-blt835b8809494f09db/

According to Cas Abbé, RedotPay offers stablecoin holders the opportunity to earn daily rewards on assets like USDT and USDC without the typical lock-ups, gas fees, or high risk associated with traditional DeFi staking and yield farming. This model provides traders with immediate liquidity access, enhancing capital efficiency and potentially increasing stablecoin utilization for active crypto market participants. Source: Cas Abbé.

According to @thedaoofwei, users who deposit USDT can access new airdrop opportunities, potentially increasing their digital asset holdings through platform participation. Traders should monitor these deposit-based airdrop campaigns for high-potential yield strategies and quick-turnaround rewards, as the USDT ecosystem is seeing renewed activity around these incentive programs (source: @thedaoofwei, July 31, 2025).

According to Stabila Foundation (@StabilaFnd), Month 2 of the Stabila six-month incentive campaign with GrowUniswap has begun, offering traders the opportunity to earn yield on CELO-native stablecoins from MentoLabs, Tether, and Circle. Participants can receive rewards in both CELO and UNI tokens by providing liquidity across 10 eligible pools. This campaign is designed to boost on-chain liquidity and trading volume for CELO ecosystem stablecoins, potentially increasing DeFi activity and price action for CELO, UNI, and associated assets. Traders should closely monitor yield rates and liquidity shifts, as these incentives can drive short-term volatility and trading opportunities in the CELO and Uniswap ecosystems (Source: @StabilaFnd, May 23, 2025).