Brian Armstrong will continue work on the crypto bill at the Davos forum

In a video statement, Armstrong said the goal is to find a “win-win” for both sectors, especially on stablecoins. He stressed that stablecoins should offer equal opportunities to banks and crypto companies. He added that the discussions will be conveyed to the Senate and the administration to help advance the bill.

Coinbase has been at the center of political debate in recent weeks after withdrawing support for the legislation. The decision followed the Senate’s release of a revised draft that includes a ban on paying interest on stablecoins simply for holding them. Only activity-based rewards — tied to transactions, staking, or liquidity provision — would be permitted.

The banking sector strongly opposed allowing crypto platforms to pay yield on stablecoins, arguing it could pull deposits out of the traditional system and create risks for banks.

After Coinbase withdrew its support, the Senate Banking Committee postponed the bill’s markup without setting a new date. Still, the company says it will continue working on revisions, calling the bill an essential step toward clear U.S. digital-asset rules.

Armstrong also said he intends to discuss with global leaders in Davos how crypto can modernize the financial system and how tokenization could democratize access to capital markets.

President Donald Trump is also attending the forum and is expected to meet with global investors. Discussion of digital assets is likely to remain secondary, as the international agenda is dominated by the ongoing U.S.–EU dispute over Greenland.