Tether's strategic alignment with US regulations sparks industry divides over stablecoin yield debates. Tether told senators during the meeting that it did not support Armstrong’s decision to make the conflict public, according to the report. Coinbase, which pays some users 3.5% on Circle’s USDC, has been the most vocal advocate for permitting stablecoin yield. The split over the bill among key industry figures surfaced after Tether’s debut of its USAT stablecoin this week. Two sources told Brogan Law that Tether is seeking bank partnerships for the USAT stablecoin.