Avalon Labs·6d agoA Fed That Won’t Signal: Planning Yield Without Forward GuidanceFor years, one of the most useful things the Federal Reserve gave markets was a hint. Not a promise, but a direction. Policymakers would…
Avalon Labs·Oct 29Regulators Just Defined Stablecoin Redemption. Yield Products Should Too.Most of the coverage of the OCC’s final stablecoin rule has focused on yield. A quieter part of the same rule may matter just as much to…
Avalon Labs·Oct 27Case by Case: What the OCC’s Final Rule Means for Stablecoin YieldOn October 21, 2026, the Office of the Comptroller of the Currency published its final rule implementing the GENIUS Act. Most of it covers…
Avalon Labs·Oct 23Stablecoin Issuers Can’t Pay Yield. So Where Does It Come From?A dollar stablecoin is designed to do one thing well: hold its value at one dollar. Under US law, it is now also designed not to do…