The American Bankers Association has sent 8,000 letters since last Friday lobbying the Senate to amend the compromise on stablecoin yields.

CoinFeed reported on May 13 that crypto journalist Eleanor Terrett revealed on the X platform that since last Friday, members of the American Bankers Association have sent over 8,000 letters to the Senate office, urging lawmakers to amend the stablecoin yield compromise. Sources familiar with the matter said this does not include additional telephone lobbying efforts.