Not all exchanges face restrictions when it comes to crypto savings and wealth management; the key difference lies in the compliance of the revenue sources. For example, a compliant platform's USDC savings yield directly comes from subsidies provided by the stablecoin issuer, effectively making the exchange act as an intermediary that forwards interest, a model that can easily attract regulatory attention. In contrast, the USDT savings yield mechanism of leading exchanges is different—users' earnings are not directly issued by Tether but are instead a share of the profits earned through lending, liquidity provision, and other market activities. This profit model, generated based on market behavior, offers greater flexibility within a compliant framework. Ultimately, the transparency and independence of the revenue sources determine whether wealth management products can operate smoothly. The practical differences among various exchanges in this regard are gradually becoming a reference for industry standardization.