Coinbase CEO: Banks Are Using False Threats to Fight Stablecoin Incentives
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最新报道：According to a report from Bijie.com, Coinbase CEO Brian Armstrong recently told Congress that the banking industry's opposition to cryptocurrency exchanges offering stablecoin rewards, citing systemic risk, is a "false threat." Coinbase currently offers a 4.1% reward to USDC holders, and the banking industry is concerned this could lead to a massive outflow of deposits into stablecoins. The U.S. Treasury's Borrowing Advisory Committee estimates that up to $6.6 trillion in deposits could shift to stablecoins. Armstrong believes the banking industry's true motivation is to protect its $180 billion in payments revenue. In response, Wyoming Republican Senator Cynthia Lummis stated that the issue has already been addressed in the GENIUS Act and should not be reopened.
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