Companies like Coinbase and Paypal are taking advantage of the loopholes present in the stablecoin-focused GENIUS Act to offer rewards to depositors, even though it explicitly forbids issuers from distributing any form of interest or yield to holders. GENIUS Act Circumvented? Paypal, Coinbase Offering Rewards to Stablecoin Holders Crypto companies are finding ways to circumvent []
Stablecoin Companies Harness Loopholes in the GENIUS Act to Offer Rewards
Bitcoin.com - 4 Aug 2025 22:40
Companies like Coinbase and Paypal are taking advantage of the loopholes present in the stablecoin-focused GENIUS Act to offer rewards to depositors, even though it explicitly forbids issuers from distributing any form of interest or yield to holders. GENIUS Act Circumvented? Paypal, Coinbase Offering Rewards to Stablecoin Holders Crypto companies are finding ways to circumvent []
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