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Tag: US banks

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US Banks Object to New Stablecoin Rewards Rule
Key Takeaways

OCC drops presumption against third-party stablecoin rewards
ABA warns partners can deliver equivalent yield
CEA estimates yield ban lifts lending 0.02%
Rule takes effect on January 18, 2027


The American Bankers Association set out its objections in an… Read full article
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US Banks Want SEC to Weigh Crypto’s Deposit Cost
Key Takeaways

Community bankers want deposit analysis before SEC rule.
Group says crypto exemptions could boost stablecoin use.
USDC reserve cash sits mostly at major banks.
Higher deposit rates preceded slower stablecoin growth.


In a comment letter filed on October… Read full article
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