U.S. community banks have called on Congress to amend the GENIUS Act to close a loophole allowing stablecoin holders to receive yields indirectly through third-party platforms like Coinbase and Kraken. This indirect yield provision undermines the Act's prohibition on stablecoin issuers paying interest to token holders, posing competitive risks to traditional banks. Crypto industry groups oppose tightening regulations, warning it could stifle innovation and limit consumer options.