[Stripe CEO Points Out Stablecoin Issuers Need to Offer More Competitive Interest Rates] Stripe co-founder Patrick Collison stated that as the structure of the stablecoin market evolves, issuers and banks will have to provide customers with more competitive interest rates. Citing FDIC data, he pointed out that the average interest rate on U.S. savings deposits is only 0.4%, with approximately $4 trillion in deposits still earning 0% interest; in Europe, the interest rate on non-corporate deposits is only 0.25%, while corporate deposit rates stand at 0.51%. Collison emphasized that this low-return situation will change, and savers should receive capital returns closer to market levels. He also criticized certain lobbying groups for attempting to restrict rewards on stablecoin deposits through legislation, arguing that such actions, which disregard consumer interests, are destined to fail.