U.S. Congress Maintains Stance on Stablecoin Interest Clause in STABLE Act

According to PANews, despite calls from the cryptocurrency industry to allow stablecoin holders to earn interest, the U. S. Congress has decided not to include this provision in the STABLE Act. French Hill, Chairman of the House Financial Services Committee, stated that the legislation is intended to regulate payment systems rather than create investment tools source: https://www.binance.com/en/square/post/22377483768146?utm_source=BinanceNewsRSS