Your Stablecoin Holdings Might Be Costing You More Than You Think

Here's the thing about "rewards only when you spend"—it's basically a tax on holding.

Let's say you keep $5,000 in stablecoins sitting in your wallet as your on-chain checking account. Sounds reasonable, right? Under the current framework, exchanges or platforms might share a slice of their economics with you as an incentive. But flip the model, and suddenly anyone just holding that balance gets nothing. You're penalized for not being active.

This creates a silent cost structure for long-term holders. The moment you stop spending, your "free money" disappears. It's not explicitly a fee, but functionally? It works exactly like one. DeFi platforms love engagement metrics, but this particular design punishes the behavior that actually stabilizes the ecosystem—patient capital.