From Cointelegraph

March 31, 2025 10:16 pm:

Coinbase CEO Brian Armstrong is pushing for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. Armstrong argues that this would benefit the US economy and consumers by providing higher yields than traditional savings accounts. Currently, two stablecoin bills are in progress: the STABLE Act and the GENIUS Act. Both bills do not allow stablecoin issuers to pay interest to holders. Representative Bryan Steil mentioned that the two bills may align after further drafting in the House and Senate.

Read more at Cointelegraph: Coinbase CEO calls for change in stablecoin laws to enable ‘onchain interest’