House Financial Services Chair French Hill pushed back on Coinbase’s call for interest-earning stablecoins, saying there’s currently no agreement in Congress to move forward on the idea, despite pressure from industry leaders like Coinbase CEO Brian Armstrong.

House Financial Services Chair French Hill pushed back on Coinbase’s call for interest-earning stablecoins, saying there’s currently no agreement in Congress to move forward on the idea, despite pressure from industry leaders like Coinbase CEO Brian Armstrong.
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