The post US Banks Seek Stablecoin Yield Ban Before 2026 Elections: What’s at Stake? appeared first on Coinpedia Fintech News
The American Bankers Association wants Congress to eliminate stablecoin yields before the midterms. The ABA released its 2026 policy priorities on Tuesday, placing stablecoin oversight at the top of the list. The group is pushing lawmakers to “stop payment stablecoins from becoming deposit substitutes” by banning interest, yield, or rewards on these tokens. Congress is …