A lot of people have completely lost the plot on CLARITY.
Some of you are so desperate to get a bill passed that youβre willing to let banks gut stablecoin rewards and call it progress. And now
@brian_armstrong and
@coinbase are the villains because they wonβt accept it?
Be serious.
Yes, Coinbase benefits if stablecoin rewards survive. So do users. Thatβs the whole point. Everybody in this fight has interests. The difference is Coinbaseβs interest here is aligned with users. The banksβ interest is making sure they keep the upside.
A lot of the people talking the most shit either forgot or never cared whoβs actually been in the fight. Coinbase pushed for clear rules, took the SEC lawsuit, stood up for staking, funded key legal fights, and helped build real political pressure for this industry.
I want CLARITY passed too. But not like this.
We are not starting from zero here. Between the regulatory clarity we got this month and where GENIUS left things, this is not some accept-anything-now-or-get-nothing moment.
Thatβs what makes this so backwards. Crypto gets so desperate for the quick win that it starts helping the wrong side win the bigger fight.