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Benzinga

Benzinga

Business

Business & Economics

Coinbase CEO Brian Armstrong argues that opposing interest-yielding stablecoins hurts consumers and the U.S

Benzinga
Summary
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Stablecoin CEO Brian Armstrong argues that opposing interest-yielding stablecoins hurts consumers and the U.S. President Donald Trump 's backing, the crypto industry looks set to receive long-clamored-for regulations.

As negotiations on likely bills progress in Congress , Armstrong has urged lawmakers not to prevent users from earning interest on their stablecoin holdings.

“Unleashing onchain interest is a win-win,” he submitted.

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