PANews
PANews|Mar 11, 2026 00:24
[American Bankers Association Survey: Majority of Consumers Support Limiting Stablecoin Yields to Prevent Banking Risks] According to The Block, the American Bankers Association (ABA) released a new survey showing that if stablecoin yields pose risks to the banking system and community lending, consumers support Congress prohibiting stablecoin rewards by a ratio of 3 to 1. The survey also found that consumers believe by a ratio of 6 to 1 that stablecoin legislation should proceed cautiously to avoid any measures that could weaken the existing financial system. Additionally, 84% of respondents believe that companies providing banking-like services should comply with banking-related regulations, but 43% expressed "uncertainty" about whether Congress should prevent stablecoin issuers from paying yields. Furthermore, 80% of respondents stated they have never owned stablecoins, and 48% indicated they are "highly unlikely" to purchase, hold, or use stablecoins in the next 12 months.
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