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The CEO stated that the Senate stablecoin bill gives banks an advantage but restricts the development of decentralized finance (DeFi): The DeFi bill gives banks an advantage but limits the growth of DeFi.

The CEO stated that the Senate stablecoin bill gives banks an advantage but restricts the development of decentralized finance (DeFi): The DeFi bill gives banks an advantage but limits the growth of DeFi.

币界网币界网2026/01/28 06:39
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According to a report by Bijie Network: Eco CEO Ryne Saxe has warned that a proposed bill in the US Senate, which would prohibit stablecoin issuers from paying passive yields, could prompt US users to turn to offshore platforms and on-chain DeFi, while shifting regulatory pressure to the crypto front-end, such as applications and wallets. He believes that this regulation, under the guise of consumer protection, may actually create structural advantages for banks and can be easily circumvented by "activity-based" reward mechanisms, ultimately failing to curb the formation of a global, borderless liquidity market.
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