Tether co-founder William Quigley is set to launch USP, a yield-bearing stablecoin, through his new venture Strategic Funds. Unlike traditional stablecoins, USP will generate passive income for holders by investing reserves in low-risk assets, similar to how USDT and USDC earn interest from U.S. Treasuries. The project aims to provide a decentralized alternative to traditional banking yields while maintaining price stability. Regulatory challenges remain a concern, as authorities closely scrutinize interest-generating stablecoins. If successful, USP could reshape the stablecoin market by offering a secure, income-generating digital asset, attracting both retail and institutional investors seeking stable returns.