The post GENIUS Act Sparks Clash as Banks Push to Limit Stablecoin Yields appeared first on Coinpedia Fintech News
The U.S. Senate’s GENIUS Act is turning into a battleground over who controls returns on digital dollars. At the center of the debate is stablecoin yield, a feature that has helped crypto products compete directly with traditional bank deposits. As lawmakers push to finalize the bill, pressure from the banking sector is shaping how far …