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US banking lobby urges senators to close ‘stablecoin loophole’ ahead of crypto bill markup

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US banking lobby urges senators to close ‘stablecoin loophole’ ahead of crypto bill markup
« on: May 12, 2026, 07:42:49 AM »
US banking lobby urges senators to close ‘stablecoin loophole’ ahead of crypto bill markup

US banking lobby urges senators to close ‘stablecoin loophole’ ahead of crypto bill markup

Ahead of this week's expected Senate crypto bill vote, the American Bankers Association warned stablecoin yield provisions could help reduce bank deposits.


Source: US banking lobby urges senators to close ‘stablecoin loophole’ ahead of crypto bill markup
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