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Coinbase exec warns Senate stablecoin misstep could hand China global edge

A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets.

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

Coinbase exec warns Senate stablecoin misstep could hand China global edge

A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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