Coinbase CEO Brian Armstrong Slams Banks' Push to Block Stablecoin Competition in GENIUS Act Loophole Debate
Coinbase leaders fire back at banking groups urging Congress to close a stablecoin yield 'loophole' in the GENIUS Act, highlighting efforts to protect bank > ***- Stablecoins are used to trade meme tokens, linking to the site's focus.*** profits amid rising crypto innovation and meme token ecosystems.