Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers. ” He added that allowing onchain interest would be “consistent with a free market approach
source: https://cointelegraph.com/news/coinbase-ceo-calls-change-stablecoin-laws-enable-onchain-interest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound