The American Bankers Association has listed "preventing stablecoins from generating yields" as its top lobbying goal for 2026.

The American Bankers Association has listed "preventing stablecoins from generating returns" as its top lobbying goal for 2026. The association argues that interest-bearing stablecoins could become a substitute for bank deposits, potentially leading to trillions of dollars flowing out of the traditional banking system, thereby weakening banks' lending capacity and jeopardizing their central role in the financial system.