According to Bijie.com, Will Beeson, founder of RWA liquidity platforms Multiliquid and Uniform Labs and former head of tokenized assets at Standard Chartered Bank, stated that amidst increasingly fierce competition in the stablecoin market, providing users with returns will be crucial. He noted that the GENIUS Act prohibits issuers from paying interest or returns directly to holders, but does not restrict third parties such as exchanges from offering interest or rewards. For example, Coinbase currently pays interest on USDC balances on its platform. Beeson stated that this "loophole" has become a focal point of contention between Wall Street and the crypto industry. Bank lobbying groups are concerned that high-yield stablecoins could siphon off as much as $6.6 trillion in bank deposits and are pushing Congress to further tighten relevant regulations.