Stablecoin interest: MiCA article 50 bans it, and lending yield is taxable from 256 euros

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.No issuer in Europe pays interest on the token itself, and article 50 of MiCA expressly forbids it. Where a quoted yield actually comes from and how the tax office treats it.In the European Union stablecoins pay no interest, at least none from the company that issues them. Article 50 of the MiCA regulation expressly bars issuers of e-money tokens from granting interest, and article 40 draws the same line for asset-referenced tokens. If a platform still shows you a yield on USDC or on a euro stablecoin, that money does not come out of the token. It comes from someone putting the token to work. The distinction decides who owes you the money when something goes wrong, and how the tax office classifies the income. Article 50 of MiCA bars issuers from paying interest on e-money tokens MiCA, formally Regulation (EU) 2023/1114 on markets in crypto-assets, splits stablecoins into two classes. An e-money token tracks a single official currency, the euro or the US dollar for example; USDC...