Stablecoin rewards: US debate vs China digital yuan yield
Policymakers and crypto advocates are clashing over stablecoin rewards, with growing concern that US inaction could weaken the country’s position against China’s advancing digital currency strategy. US banks push to restrict stablecoin yield Traditional US banks, represented by the powerful Bank Policy Institute (BPI), have lobbied since August to curb interest on USD-based stablecoins. They...
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