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$360B Bank Cash Machine Under Threat: Stablecoin Rewards Spark Washington Power Struggle Over Future of Dollar

A $360 billion U.S. banking revenue stream faces pressure as lawmakers revisit stablecoin rewards, a move Coinbase warns could reshape dollar payments, ignite competition in fees, and accelerate commerce moving onchain a...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

$360B Bank Cash Machine Under Threat: Stablecoin Rewards Spark Washington Power Struggle Over Future of Dollar
A $360 billion U.S. banking revenue stream faces pressure as lawmakers revisit stablecoin rewards, a move Coinbase warns could reshape dollar payments, ignite competition in fees, and accelerate commerce moving onchain across the U.S. financial system. Stablecoin Rewards Aren’t a Banking Crisis—They’re a Payments Revolution Coinbase Chief Policy Officer Faryar Shirzad shared on social media […]

Why this matters

Coinbase is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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