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CoinFund President: US Senate Crypto Bill Restricts Stablecoin Rewards

CoinFund President: US Senate Crypto Bill Restricts Stablecoin Rewards

ChaincatcherChaincatcher2026/01/09 12:59
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ChainCatcher news, CoinFund President and former banker Christopher Perkins stated on social media that he criticizes the cryptocurrency market structure bill currently under review by the U.S. Senate, which may restrict retail investors from accessing stablecoin-related rewards.

Perkins, who is a member of the U.S. Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee, stated that depriving retail investors of the right to earn stablecoin rewards is an improper policy, especially given that income inequality remains a major social issue.

The U.S. already has a stablecoin bill called GENIUS, and he questioned why policymakers want to prevent ordinary investors from earning yields from stablecoins.

Perkins suggested addressing banks' concerns about deposit and loan outflows by releasing regulatory capital and integrating blockchain technology, believing this would be a win-win solution.

He predicted that if such a solution is adopted, Global Systemically Important Banks (GSIBs) and community banks would eventually accept policies allowing retail investors to earn stablecoin rewards.

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