An executive at Coinbase has warned the Senate that changes to the GENIUS bill could weaken the US dollar-pegged stablecoins. This comes as China attempts to strengthen the digital yuan by allowing interest-bearing wallets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
An executive at Coinbase has warned the Senate that changes to the GENIUS bill could weaken the US dollar-pegged stablecoins. This comes as China attempts to strengthen the digital yuan by allowing interest-bearing wallets.