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· 2dCoinbase and Circle Surge as Senate Passes Stablecoin Bill
The bill still needs to clear the House, where a competing version splits regulatory authority among agencies including the Federal Reserve and Comptroller of the Currency. Coinbase earns all interest on USDC held on its platform and has seen stablecoin-related income surge 50% year over year.
1don MSN
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Coinbase and other crypto-linked stocks surged a day after the Senate voted to pass the GENIUS Act, a landmark bill creating ...
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