Major shift coming in U.S. credit markets: the incoming administration is pushing for a hard cap on credit card interest rates at 10%, set to take effect January 20th, 2026. This could reshape borrowing dynamics across the financial landscape. Lower rates on traditional credit would naturally shift how people think about leverage and collateral costs—something worth tracking if you're involved in DeFi lending protocols or considering how traditional finance and crypto lending compete for capital allocation. The ripple effects on consumer spending and credit availability could have indirect impacts on risk appetite in broader markets.