Crypto Industry Fights Back: Challenging Bank Lobbyists on Stablecoin Yield Ban

By Drift Striker · March 4, 2026

In the escalating battle over stablecoin regulation, the crypto industry is mounting a robust defense against banking lobbyists seeking to eliminate yield-bearing incentives on stablecoins. At the heart of the dispute lies the GENIUS Act, a 2025 law that prohibits stablecoin issuers from paying interest, yet leaves room for exchanges and affiliates to offer rewards. […]