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Bank Lobby Fires Back at White House, Saying Stablecoin Study Ignores Community Bank Threat

admin by admin
June 14, 2026
in Business, News
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Bank Lobby Fires Back at White House, Saying Stablecoin Study Ignores Community Bank Threat
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Bitcoin Magazine

Bank Lobby Fires Back at White House, Saying Stablecoin Study Ignores Community Bank Threat
The American Bankers Association is pushing back on a White House stablecoin study, arguing it underestimates the risk that yield-paying stablecoins could drain deposits from community banks.
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