🚨 Coinbase Stablecoin Revenue Could 7X Under GENIUS Act

A Bloomberg report highlights that Coinbase’s stablecoin revenue could potentially increase sevenfold if the GENIUS Act passes.

However, draft provisions banning yield payments to holders could cap the upside significantly.

This could have broad implications for the crypto market, signaling potential institutional revenue growth while also imposing regulatory constraints.

Keep an eye on $STEEM

STEEM
STEEMUSDT
0.05782
+23.20%

, $ESP

ESP
ESPUSDT
0.17791
+101.41%

, and $BULLA

BULLABSC
BULLAUSDT
0.03769
+13.18%

for related market movement.

#CryptoNews #Coinbase #GENIUSAct #Stablecoins #BlockchainFinance