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2026-06-03 14:41:52 UTC

RWATimes on Nostr: 📰 Banks' survey says people don't want to rock the boat if stablecoin yield risks ...

📰 Banks' survey says people don't want to rock the boat if stablecoin yield risks lending
🗓️ Jun 03 2026 09:00 UTC - Jesse Hamilton

The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.

➤ A survey commissioned by the American Bankers Association (ABA) indicates that a majority of Americans believe Congress should prevent crypto firms from offering interest-like yields on stablecoins if it risks harming community lending.
➤ The ABA is lobbying for changes to the Digital Asset Market Clarity Act, specifically targeting stablecoin regulations to protect traditional banking's interest-bearing deposit accounts.
➤ Despite the ABA's campaign, the survey also revealed significant public interest in digital assets, with a notable percentage considering future use or seeing potential benefits, highlighting a tension between traditional finance concerns and growing retail interest.

#americanbankersassociation #clarityact #stablecoins #yield #lending #digitalassets #congress #survey #cryptosector #banking

🔗 Read more at: https://rwatimes.io/articles/coindesk-banks-survey-says-people-dont-want-to-rock-the-boat-if-stablecoin-yield-risks-lending-1043310986