📌 Coinbase Warns US “Rewards” Ban Could Let China Win the Stablecoin Race – Coinbase warns that restricting rewards on U. S. issued stablecoins could give China’s digital yuan a strategic edge as interest-bearing CBDC features roll out.
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Coinbase warns U.S. proposals to ban or limit rewards on U.S.-issued stablecoins could hand a strategic edge to China’s interest-bearing digital yuan as CBDC features rolled out globally in 2025. The exchange says curbing yields on dollar-pegged tokens risks sending liquidity and payment activity offshore and accelerating state-backed CBDC adoption.
Policymakers should weigh consumer protection against competitiveness, Coinbase urges. #Macro Insights# #TALUS