China Pays Interest on Digital Yuan, Coinbase CEO Warns U.S. Is Falling Behind

Coinbase chief executive Brian Armstrong has warned that blocking rewards on stablecoins could put the United States at a disadvantage just as other countries move faster to modernize their payment systems. Armstrong pointed to China’s recent decision to pay interest on its own digital currency, saying it shows how governments are using incentives to encourage […] Read The Full Article China Pays Interest on Digital Yuan, Coinbase CEO Warns U.S. Is Falling Behind On Coin Edition.