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Coinbase’s Armstrong says big banks are trying to choke off stablecoin yields – TON BOT

Coinbase’s Armstrong says big banks are trying to choke off stablecoin yields

Coinbase CEO Brian Armstrong accuses big banks of undermining President Trump’s crypto agenda by pushing for a ban on yield for stablecoins. The fight is over whether platforms like Coinbase can share Treasury returns with users. Banks warn of losing deposits to crypto, while Coinbase defends its $1.35 billion stablecoin revenue.


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