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Coinbase exec warns Senate stablecoin misstep could hand China global edge

Cointelegraph.com NewsA 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. 

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