Coinbase CEO says stablecoin bill still needs to be amended, voting may resume next week

Coinbase CEO Brian Armstrong stated in a post that the first vote in the US Senate on stablecoin legislation is the "first round of negotiations," and a new round of voting is expected early next week. He pointed out that the provision in the bill that prohibits stablecoins from providing interest income needs to be amended, emphasizing that the GENIUS bill may eventually approach the president's signature in the form of bipartisan support. Armstrong stated that "52 million American voters who hold cryptocurrency assets are closely monitoring.