2026-01-10 01:13:59

The U.S. administration has announced a proposal to implement a 10% cap on credit card interest rates. This move signals a shift in economic policy toward consumer protection and could have ripple effects across the financial sector. Lower credit card rates might increase consumer spending power, potentially influencing inflation trends and broader monetary policy decisions. For crypto and decentralized finance participants, such traditional finance policy shifts often spark discussions about alternative financial systems and the role of blockchain-based solutions in a changing economic landscape.

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gas_fee_therapist

· 01-10 01:43

Another new trick to harvest the little guys? A 10% interest rate cap sounds good, but can it really be implemented...

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FlashLoanLarry

· 01-10 01:39

lol 10% cap? that's just the opportunity cost of not understanding protocol dynamics. trad finance finally catching up to what we've known for years—capital utilization matters. tbh the real thesis validation happens when these rate controls backfire and suddenly everyone's asking about on-chain alternatives 👀

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RetailTherapist

· 01-10 01:37

10% interest rate cap? Traditional finance is still firefighting, we've already gone on-chain a long time ago.

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MoonRocketman

· 01-10 01:35

Once the interest rate cap is announced, traditional finance will start the descent process, while our launch window has actually opened.

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FancyResearchLab

· 01-10 01:31

Here comes another big plan to "protect consumers" and cut the leeks. Theoretically feasible, but in reality just another useless innovation. --- 10% interest cap? Laughable. Traditional finance is still under construction, while we DeFi folks have long mastered this set. --- Luban No. 7 is building a shed again, this time to cut into credit cards. Feels more and more like the smart traps we've played with. --- Consumer protection sounds good, but these folks should have looked into permissionless lending in DeFi long ago and learned how others do it. --- Ultimately, it's still the centralization dilemma of traditional finance. Doing a small experiment to bring this onto the chain, now we're proficient. --- Haha, blockchain finally has a place to shine, though its academic value is MAX and practical value is MIN. --- This policy is quite interesting, but I bet five bucks it will still be bypassed by financial giants.

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GateUser-e87b21ee

· 01-10 01:25

Once again, they are regulating credit card interest rates. Traditional finance is like this—lots of human intervention. It's actually more straightforward to use on-chain finance.

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