Yield payments

Highlights: Lawmakers left the White House without reaching an agreement on stablecoin yield provisions in the crypto bill. Banking groups pushed for a broad ban on stablecoin rewards, citing deposit and liquidity concerns. The Senate Banking Committee still lacks bipartisan […]

Highlights: Community banks warn that stablecoin rewards could reduce deposits used for local loans. Lawmakers are under pressure to clarify the GENIUS Act rules on stablecoin rewards. Crypto groups have disputed bank concerns as Congress reviews crypto market structure rules. […]

Highlights: US bank groups warn GENIUS Act loophole could trigger $6.6 trillion deposit outflows. Yield payments via exchanges may bypass the law and risk credit supply and higher borrowing costs. The stablecoin market is currently $280.2 billion, projected to reach […]