Coinbase Promotes GENIUS Act and Stablecoin Framework for US Payments

Coinbase is actively supporting the passage of the GENIUS Act, a new framework for regulating stablecoins in the U.S. This legislation aims to modernize payment systems and ensure stability while fostering innovation. Coinbase emphasizes its commitment to implementing these regulations responsibly to maintain safety and enable further development in the crypto space. The GENIUS Act primarily focuses on USD-backed stablecoins and DeFi protocols utilizing them. ]