The Yield War Begins: Banks Declare War on Stablecoin Returns
The American Bankers Association has drawn its line in the sand. Their #1 goal for 2026: kill yield on stablecoins. Their fear is existential—trillions in deposits could flee, crippling their lending empire.
This is a direct assault on DeFi's core value proposition, framed as "systemic risk." Circle's CEO calls the argument "absurd," pointing to a future where AI agents run on stablecoin payments. This isn't just lobbying; it's a battle for the foundation of the next financial system. $ETH $USDC $BTC

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