Crypto executives and lobby groups have expressed frustration over a new push by banks to ban third parties from paying yield on stablecoins.
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed.
Crypto advocacy group the Blockchain Association sa… [1916 chars]
Source: Cointelegraph | Published: 2026-01-08T01:58:54Z
Credit: Cointelegraph
