Analyst warns blocking stablecoin rewards risks increasing Tether's $187B market dominance.
Blockchain News

Stablecoin Rewards Ban Risks Catastrophic Tether Dominance, Warns Coinbase CLO

Global, May 2025: A stark warning from a leading cryptocurrency exchange’s top lawyer has ignited a fresh debate about the unintended consequences of traditional banking policy. Paul Grewal, Chief Legal Officer of Coinbase, argues that banks blocking customer access to stablecoin rewards programs may inadvertently fuel the very market dominance they seek to curb. This […]