DiscoverThe LatestBanks, consumer groups push back against stablecoin yield
Banks, consumer groups push back against stablecoin yield

Banks, consumer groups push back against stablecoin yield

Update: 2025-11-10
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Industry groups and consumer advocates are continuing to push for regulators to interpret the GENIUS Act's prohibition on stablecoin interest as broadly as possible, while crypto firms push for a narrower interpretation, arguing that increased competition would benefit consumers.
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Banks, consumer groups push back against stablecoin yield

Banks, consumer groups push back against stablecoin yield

Ebrima Santos Sanneh