Business
Coinbase exec warns Senate stablecoin misstep could hand China global edge
SOURCE:CoinTelegraph|BY:Cointelegraph by Amin Haqshanas
A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets.

A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets.