Stablecoin yield debate: US Treasury gets conflicting advice on GENIUS Act

Cointelegraph.com NewsWhile Coinbase insists that the US Treasury cannot override Congress’s intent on the GENIUS Act, banks continue to press for a blanket ban on stablecoin interest. 

​While Coinbase insists that the US Treasury cannot override Congress’s intent on the GENIUS Act, banks continue to press for a blanket ban on stablecoin interest.