Coinbase Fights Banks to Maintain Stablecoin Rewards for Users
According to reports, Coinbase is in conflict with banks over the practice of rewarding users for holding stablecoins. This disagreement has reportedly strained bipartisan support for a bill related to stablecoins. Market analysts estimate a 68-70% probability of the bill's passage this year. The development highlights ongoing tensions between crypto platforms like Coinbase and traditional financial institutions regarding the regulation and incentives surrounding stablecoins.
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