Gemini has joined over 125 companies and organizations in a collective appeal to the U.S. Congress, advocating for the preservation of the GENIUS Act's original wording. The letter highlights the importance of legal stablecoin rewards in supporting liquidity and the broader cryptocurrency market. It warns that altering the act could stifle innovation within the industry. Tyler Winklevoss, co-founder of Gemini, pointed out that current legislation permits platforms like Gemini, Coinbase, and Kraken to offer stablecoin rewards. However, he expressed concern that Countering the Financing of Terrorism provisions might be misapplied to restrict these offerings, potentially impacting the crypto ecosystem negatively.