Coinbase CEO holds firm on including stablecoin rewards in market structure bill

Coinbase CEO Brian Armstrong has reiterated his confidence that a market structure bill can be crafted to advance President Donald Trump's cryptocurrency policies while also addressing the concerns of the banking industry. He stated that Coinbase will push for policies that serve the best interests of crypto investors, noting the company has been working to establish market structure long before the legislation became a mainstream topic. Armstrong confirmed that Coinbase attended both recent White House meetings on the matter. He added that discussions are underway to benefit the crypto industry, the banking sector, and the White House, and that Coinbase will continue to strive for the best outcome, including key investor benefits like stablecoin rewards. The banking sector has expressed concerns that if exchanges or stablecoin issuers offer rewards, it could harm the industry by causing customer fund outflows. While some crypto firms have proposed compromises, Coinbase has rejected these proposals, maintaining its original stance.