Wisdomtrees USDW, Ethenas StablecoinX, and Polymarket Eyes Yield

Welcome to The Daily Yield – your trusted daily resource for stablecoin and industry news, powered by Stabledash and hosted by Drew Rogers.

Today's Stories:

- WisdomTree's $11B Asset Management Revolution: The ETF innovator launches USDW, a yield-bearing stablecoin that seamlessly connects with their tokenized government money market fund WTGXX, eliminating the historic trade-off between operational efficiency and yield generation for corporate treasuries.
- SPAC Strategy Goes Stablecoin: TLGY Acquisition Corp announces merger with SC Assets to form Stablecoin X Incorporated, creating a $360 million publicly-traded vehicle designed to accumulate Ethena's ENA governance tokens—positioning itself as the "MicroStrategy of the stablecoin world."
- Polymarket's Revenue Awakening: Following $8 billion in USDC volume during the 2024 election cycle, the prediction market platform considers launching its own stablecoin to capture yield currently flowing to Circle, highlighting how major platforms are recognizing the hidden value in their payment infrastructure.