House Financial Services Committee Chairman French Hill rejected Coinbase CEO Brian Armstrong's call to allow stablecoins to provide interest to holders, stating that the legislative intent was to view stablecoins as a tool for improving payment efficiency rather than an investment product, and that there is currently no consensus in Congress to allow stablecoins to pay interest. Although Armstrong believes that banning stablecoins from earning interest would benefit the banking system, Hill insists that stablecoins should focus on their payment function. （Decrypt） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40321