U.S. ban on stablecoin interest hands major advantage to China and other global rivals

Coinbase's Chief Policy Officer, Faryar Shirzad, warned U. S. lawmakers that they risked handing China a major advantage if they limited rewards on U. S. -issued stablecoins. source: https://www.cryptopolitan.com/u-s-ban-on-stablecoin-interest-hands/