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Washington's "Stablecoin War": When Banking Giants Encounter 4.1% Rewards, Whose Deposits Will Disappear First?
An underground battle over "Digital Dollar Interest" is unfolding on Capitol Hill. Coinbase CEO Brian Armstrong is personally lobbying lawmakers, solely to preserve a "weapon"—paying users holding USDC stablecoins up to a 4.1% annualized reward. Meanwhile, the banking lobbying groups are attempting to legislate to confiscate this weapon entirely.
This is not just simple industry competition but a critical battle that will determine the future decade of America's financial power struc
An underground battle over "Digital Dollar Interest" is unfolding on Capitol Hill. Coinbase CEO Brian Armstrong is personally lobbying lawmakers, solely to preserve a "weapon"—paying users holding USDC stablecoins up to a 4.1% annualized reward. Meanwhile, the banking lobbying groups are attempting to legislate to confiscate this weapon entirely.
This is not just simple industry competition but a critical battle that will determine the future decade of America's financial power struc
BTC-0,42%
MC:$3.55KHolders:1
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GateUser-d9148595:
Hold on tight, we're about to take off 🛫:Whale Movements Alert
Crypto Surprising Profits <-> One year ago, trader 0x0eD9 sold 599.7 $ETH at a price of $3,687, earning 2.21 million $USDC, and purchased 233,584 $HYPE at $9.47, then staked them.
5 hours ago, the trader unstaked and sold all $HYPE for 57.8 million USDC, then bought 1,844 $ETH at $3,133.
The final profit is 1,245 $ETH, equivalent to approximately $3.9 million.
#Cryptocurrency #Blockchain #Coinbase #Ethereum #DeFi $BTC $HYPE
Crypto Surprising Profits <-> One year ago, trader 0x0eD9 sold 599.7 $ETH at a price of $3,687, earning 2.21 million $USDC, and purchased 233,584 $HYPE at $9.47, then staked them.
5 hours ago, the trader unstaked and sold all $HYPE for 57.8 million USDC, then bought 1,844 $ETH at $3,133.
The final profit is 1,245 $ETH, equivalent to approximately $3.9 million.
#Cryptocurrency #Blockchain #Coinbase #Ethereum #DeFi $BTC $HYPE
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Bitcoinworld90:
Happy New Year! 🤑:View More
One Coinbase employee has been arrested on charges of involvement in a data breach related to a $20 million ransom demand.
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MC:$3.53KHolders:1
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