And now there's a federal framework in place for stablecoins in the US So what do you think about banks trying to change what they call a loophole in the Genius Act? So we were pretty clear In the Genius act, if you're offering stablecoins, you were not allowed to offer interest. And we had very strong language to that effect that we were fine with rewards and points and other programs, but that you couldn't be offering interest like products on stablecoins. (08:21–08:31)
CLAIM
Asserts that the Genius act prohibits offering interest on stablecoins.
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