Coinbase May Reconsider Support for U.S. Crypto Market Bill Over Stablecoin Rewards
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Regulatory Impact: Coinbase may withdraw its support for the U.S. crypto market structure bill if it restricts stablecoin rewards, which would directly affect the attractiveness of its USDC yield offerings and user base.
- Revenue Risk: Should the bill pass with restrictions on stablecoin rewards, Coinbase's revenue from USDC could be jeopardized, leading to decreased platform attractiveness and potentially impacting user engagement and market share.
- Capital Flow Changes: Historical data indicates that similar regulatory pressures often push capital towards DeFi or non-U.S. platforms, potentially diminishing the competitiveness of the U.S. market and driving liquidity away.
- Commitment to Innovation: Coinbase CEO Brian Armstrong emphasized that the ability to offer USDC rewards is crucial for customers, and the company is committed to ensuring that any regulatory framework supports innovation rather than stifling it.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
