GENIUS Act changes would be a ‘national security trap’: Crypto execs

Cointelegraph.com NewsPro-crypto lawyer John Deaton argued that banning yield on stablecoins would incentivize the use of China’s interest-bearing digital yuan, hurting the US dollar. 

​Pro-crypto lawyer John Deaton argued that banning yield on stablecoins would incentivize the use of China’s interest-bearing digital yuan, hurting the US dollar.