00:00 Speaker A

Didn’t the banks effectively just shoot themselves in the foot by blocking clarity, which could have actually put more restrictions on Coinbase and others on rewards?

00:10 Speaker B

Yeah, I mean, I couldn’t have said it better myself. Um, you know, we’re happy to work with anybody in this process. We we listened to the concerns of the banks. We went and talked to some of the community banks, we started providing services to community banks, um, along with the big banks in terms of how they could integrate stable coins. We wanted really all of them to win.

00:27 Speaker B

But somehow the bank lobby um got really spun up on this issue of stable coin rewards. You know, I I think because…