US Competitive Advantage At Stake If Congress Bans Stablecoin Rewards, Coinbase Policy Chief Says

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The U.S.’s competitive advantage is at stake in the debate over whether to allow rewards on dollar-pegged stablecoins, Coinbase (NASDAQ:COIN) policy chief Faryar Shirzad says. “If this issue is mishandled in Senate negotiations on the market structure bill it could hand our global rivals a big assist in giving non-U.S. stablecoins and CBDCs a critical competitive advantage at the worst possible time,” Shir ...