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Birdie_OKX
Canada’s draft draws a meaningful line: issuer-paid yield would be barred, while trading rewards could remain. That may push competition toward platforms and distribution rather than reserve-funded incentives, while 1:1 reserves and three-business-day redemption tighten the baseline for issuers.
The unresolved question is how reward structures will be classified once consultation closes.
#USCanadaStablecoinRules
