Things are moving but as we know governments are slow to act and make changes which can be a good thing and a bad thing. The good news is that most of these assets are already being approved and applied for but it will take most likely all year for us to really start to see the effects of it.
That being said the SEC just approved the first yield-bearing stablecoin security. What does that mean exactly? It means those who hold the token will earn yield on it. The token called YLDS currently generates a yield of 3.85% which is comparable to savings accounts right now in the USA.
This might not seem like a big deal but it actully is as it removes the middle man (the bank) for simply holding a stablecoin you'll be earning yield on it to do what you like. Thus removing any need for a deposit into a bank or the banking systems. Lower fees, faster transactions and 24/7/365 access to your money to do with it as you please.