Coinbase CEO stops stablecoin owners a loss of legislation against interest payments

• COINBASE CEO CEO Brian Armstrong claims that interest-free Stablecoins hurt the consumers and the United States

• Armstrong’s dispute Sen. Kirsten Gillibrand (D-NY) appears in response to final statements.

• Coinbase chief is not the only specialist who believes in the non-congestion of stablecoins.

Separate President Donald Trumps supportThe Crypto industry looks amazing according to the rules that are spoiled for a long time starting with stablecoins.

In Congress, Calkin Global (NASDAQ:Coin) CEO Brian Armstrong The rod called users not to prevent users to prevent interest in Stablecoin holdings.

Dollar Stablecoins protect themselves by holding high-fluid and secure investments such as short-term US treasury bonds. However, the status quoda does not benefit from the same freedom from the same freedom, which allows the income of these investment in pocket, stablecoins, savings or interest-bearing test accounts.

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As the US stablecoin rules, as working against Armstrong notier On Monday, in an X Post, Stablecoins afraid of interest in paying interests such as a regular deposit or interest-in-check account. According to Armstrong, such efforts would only damage the consumers and the United States

Although Armstrong did not report this clearly, the post appears in response to the final statements of you. Kirsten Gillibrand (D-NY). Speaking at the 2025 DC Blockchain summit on March 26, Gillibrand claimed that stablemrand, the financial system clients, local banks prevented business loans and mortgage loans.

Armstrong, however, claims that this position is against the ideals of a free market system.

“The government (sIC) should not benefit the thumb in an industry in an industry. Banks and crypters should be interested in both consumers and encouraged.

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Armstrong violated that interested Stablecoins will benefit customers that allow customers to beat inflation. As highlighted by Armstrong, the average federal reserve funds gained by Stablecoin issuers in 2024, increased by 3.75% as inflation increased by 3%. The average savings account for comparison offered only 0.41% percent to customers.