Binance (CRYPTO: BNB) founder Changpeng Zhao told ARK Invest CEO Cathie Wood that stablecoins should generate interest for users—yet Tether (CRYPTO: USDT) won't do that anytime soon, because it built dominance without offering yields. Tether Leaving Room For Competition Zhao explained that Tether moved early and built dominance without paying users.

Binance Co-Founder Tells Cathie Wood: Stablecoins Should Be Paying You—Here's Why They Aren't