The article critiques Congress's proposal to limit stablecoin rewards to only retail transactions, arguing this approach misunderstands how stablecoins function. It warns that such restrictions could harm innovation and drive businesses away from the U.S. financial system.

U.S. senators introduced a draft bill that bans interest or rewards for holding stablecoin balances while allowing incentives linked to specific activities. This measure aims to address concerns from banks about liquidity risks and competition from crypto firms. Key negotiator Senator Angela Alsobrooks proposed exceptions for rewards tied to transactions or staking.