Asset Manager Van Eck Says Stablecoins Should Be Treated as Investment Funds, Not Banks

Secondly, van Eck recommended not forcing tax withholdings on stablecoins in the future. This measure would give stablecoins an opportunity to prove their value in the U.S. “Most stablecoins currently don’t pay dividends,” he wrote. “We need, however, to imagine a day when stablecoins pay interest and plan technologically and regulatorily for that day.”

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