According to Odaily Odaily, Bitwise Chief Investment Officer Matt Hougan stated that prohibiting stablecoins from paying interest to users is like "prohibiting cars from running faster than horses," and such restrictions will hinder industry innovation and the realization of stablecoins' own value.
Bitwise CIO: The idea of banning stablecoins from paying interest is "like making a car slower than a horse."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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