Coinbase Advocates for Stablecoin Rewards Amid Banking Tensions

Coinbase is standing firm against banking opposition to ensure users benefit from stablecoin incentives, as bill support fluctuates.

Coinbase is taking a stand against banking institutions to continue providing rewards to users who hold stablecoins. The ongoing contention regarding these incentives has led to a decline in bipartisan backing for the proposed legislation, with traders currently estimating a 68-70% likelihood of it passing within this calendar year.