The debate over the GENIUS Act, associated with Trump, is intensifying as Coinbase and banking groups present opposing views on stablecoin interest payments. Coinbase advocates for allowing non-issuers to pay interest on stablecoins, arguing it could enhance financial innovation and consumer choice. In contrast, banking groups are urging the Treasury to implement a comprehensive ban on yield payments, citing potential risks to financial stability. The outcome of this debate could significantly impact the regulatory landscape for stablecoins in the U.S.