Generic Protocol has introduced GUSD, claiming it as the first private stablecoin designed to redistribute yield generated from existing stablecoins back to users and applications. This launch coincides with U.S. legislative debates on stablecoin rewards, positioning GUSD as a potential alternative to traditional issuer-controlled models.

SoFi Technologies is set to reenter the crypto market, focusing on stablecoin issuance and tokenized loans, after pausing its crypto offerings two years ago. With favorable regulatory conditions under the Trump administration, SoFi aims to launch these services within the next two years, highlighting the financial advantages of blockchain technology.