Wu said that Coinbase CEO Brian Armstrong posted on X platform that banks have demonstrated remarkable lobbying power when promoting stablecoin interest and yield policies, and predicted that banks will shift to support paying interest and yields on stablecoins in a few years because they will realize the huge potential of this market. He emphasized that Coinbase will continue to fight for the rights of customers and the crypto industry, and firmly oppose any attempts to restart GENIUS, considering it a "red line" issue.

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