Rep. French Hill Rejects Brian Armstrong Call for Stablecoin Interest

Republican Representative French Hill has rejected Coinbase CEO Brian Armstrong’s call for stablecoin interest, signaling that Congress is unlikely to approve legislation allowing users to earn yield on digital assets like USDC. During an April 1 briefing, Rep. Hill weighed in on the ongoing debate over stablecoin regulations, specifically addressing the idea of allowing users to earn interest on their holdings. Hill dismissed the proposal, emphasizing that lawmakers have not reached an agreement on the matter of source: https://news.shib.io/2025/04/02/rep-french-hill-rejects-brian-armstrong-call-for-stablecoin-interest/?utm_source=rss&utm_medium=rss&utm_campaign=rep-french-hill-rejects-brian-armstrong-call-for-stablecoin-interest