China gains major advantage if US bans interest on stablecoins, Coinbase exec warns
A senior executive at Coinbase has warned that U.S. lawmakers risk handing a strategic advantage to global rivals if they limit rewards on U.S.-issued stablecoins, as China moves to pay interest on its central bank digital currency (CBDC), the digital yuan. In a post on X on Tuesday, Faryar Shirzad,…