Agreement Reached on Stablecoin Rewards in Crypto Bill
Coinbase says a deal on stablecoin rewards could advance a major crypto bill. The compromise limits interest-like yields while allowing usage-based rewards.
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COINBASE GLOBAL INC -CLASS A reached a compromise on stablecoin reward provisions in a landmark United States crypto bill on Friday. The deal resolves a standoff with banks that stalled the legislation earlier this year. Clearer regulations through the Clarity Act could accelerate institutional cryptocurrency adoption across American markets.
