Genius Act News

Proposed US crypto rules could push stablecoin investors toward offshore and synthetic dollar products as onshore yield options are restricted.

Institutional compliance costs and higher Treasury yields are reshaping stablecoin issuance as growth shifts from rapid expansion to balance-sheet discipline.

In an interview from the WEF in Davos, David Sacks addressed disputes over stablecoin yield and the crypto market structure legislation that's stalled in the US Senate.

Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts.

A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens.

China’s move to pay interest on the digital yuan is colliding with the GENIUS Act’s ban on stablecoin yields, intensifying questions over whether US digital dollars can remain competitive.

The Community Bankers Council has asked the Senate to pursue crypto market structure legislation that would ban exchanges and others offering interest on stablecoins.

After a volatile 2025, investors are rethinking crypto cycles. Here are three investment themes that will shape the market’s next phase in 2026.

A Coinbase executive said changes to the GENIUS Act could weaken US dollar stablecoins as China moves to boost the digital yuan by allowing interest-bearing wallets.

Brian Armstrong says banks are pressuring lawmakers to curb stablecoin rewards, warning Coinbase will fight any effort to rewrite the bill.

The exchange cited licensing approvals in Europe and its US launch as key drivers behind the surge in activity on its compliant platforms.

Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say.

FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves.

In its annual predictions report, Galaxy’s analysts said onchain dollar transfers may process more volume next year than the US bank system that handles payroll and bill payments.

Coinbase Institutional says clearer regulation, stablecoin growth and shifting macro conditions could mark a turning point for crypto markets in 2026.