Coinbase exec warns Senate stablecoin misstep could hand China global edge

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.
Source: Coinbase exec warns Senate stablecoin misstep could hand China global edge (https://cointelegraph.com/news/coinbase-exec-warns-senate-stablecoin-misstep-could-hand-china-a-global-edge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)