American Bankers Association Pushes Treasury To Enforce GENIUS Act’s Stablecoin Interest Ban
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The American Bankers Association (ABA), along with 52 state bankers associations nationwide, has submitted a letter to the US Department of the Treasury, urging an implementation of the GENIUS Act’s prohibition on interest for payment stablecoins. This letter responds to the Treasury’s…
