A viewer asked: If I have a treasury backed stablecoin like our USD and I keep mine in cold storage, can I collect the yield? This recording is Jake Claver's answer, in full and unedited.
Also coveredstablecoin, cold storage, institutional custody
More on this subject: jakeclaver.com.
What this recording covers
Claver explains why holding a treasury-backed stablecoin in self-custody storage does not generate native interest yield for the token holder. The issuing entity maintains the underlying government treasury reserves that provide full one-to-one backing, retaining any interest generated by those collateral reserves. While the token itself lacks automated yield pass-through, full treasury backing mitigates counterparty risk and redemption instability during market stress. Claver explains that institutional holders seeking yield on stablecoins must deposit the assets with institutional custodians or sweep them into partnered money market products designed to produce interest on underlying balances. The primary advantage of a fully backed stablecoin is counterparty solvency rather than passive interest distribution to unmanaged self-custody storage wallets.
Where this fits
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