Coinbase Raises Concerns Over Stablecoin Rewards in CLARITY Act
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Legislative Risk: Coinbase is intensifying its engagement with lawmakers due to concerns that provisions in the CLARITY Act regarding stablecoin rewards could undermine its business model, potentially leading the company to reconsider its support for the legislation.
- Industry Opposition: Traditional banking groups have vocally opposed stablecoin reward programs, warning that such products could divert up to $6.6 trillion from the traditional financial system, prompting lawmakers to push for stricter regulations.
- Revenue Impact: Stablecoins have become a significant revenue contributor for Coinbase, generating nearly $247 million in Q4, and restrictions on stablecoin rewards could substantially reduce income across major crypto trading platforms.
- Policy Uncertainty: Despite potential delays in the legislative process until 2027 due to upcoming US elections, Senate Banking Committee Chair Tim Scott remains optimistic about moving legislation quickly, emphasizing the goal of delivering tangible results for the American public.
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.
