Brian Armstrong, the CEO of Coinbase, has called for legislation to enable interest payments on stablecoins within the US. His advocacy is aimed at challenging current restrictions that prohibit this practice. While stablecoin issuers currently cannot offer interest, traditional banks are able to do so, creating an uneven playing field. Armstrong seeks to level the playing field and create a fairer financial environment for users of stablecoins. Potential Market Shifts If his proposal passes, it could dramatically change the landscape of crypto markets, allowing stablecoin issuers to compete more effectively with traditional savings accounts. This could also lead to more widespread adoption of crypto products across various financial sectors. However, this shift in regulation might create challenges for financial institutions who will need to adapt to these new market dynamics.