Maybe I'm just short-term thinking but no yield on stablecoins is good for DeFi: - Yield on USDC on Coinbase or holding via Circle? -> Stablecoins never leave their ecosystem - No yield on stablecoins? -> Users forced to chase yield in DeFi. This generates revenue for DeFi protocols, promotes innovation, and new models. $AAVE, $PENDLE, $FLUID and other protocols would benefit. Although native yield bearing stablecoin wrappers would be cool. Something like wstUSDC.