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Cointelegraph by Ciaran Lyons

American Bankers Association makes blocking interest-paying stablecoins its main 2026 objective

The American Bankers Association has named restricting yield-bearing stablecoins as its leading policy goal for 2026, arguing they could undermine bank deposits and lending. Its plan includes preventing payment stablecoins from functioning as deposit substitutes by banning interest, yield or rewards, while crypto industry leaders counter that such yields support adoption and do not threaten financial stability.
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