Banking groups, including the American Bankers Association, argue that stablecoin yields act like deposit accounts and could lead to a flight of funds from banks. They say this poses a systemic risk to bank deposits and that banning these payments would close a loophole in the GENIUS Act, which previously restricted stablecoin issuers from offering yields on their tokens.

]]>https://undeads.com/forum/topic/16739/why-are-banks-pushing-to-ban-stablecoin-yield-paymentsRSS for NodeTue, 07 Apr 2026 19:23:14 GMTWed, 11 Mar 2026 13:44:15 GMT60stablecoins giving yields = scary
banks giving overdraft fees = totally fine lol

]]>https://undeads.com/forum/post/43936https://undeads.com/forum/post/43936Wed, 11 Mar 2026 14:35:43 GMT