Congress must bar interest on payment stablecoins to avoid harming Main Street lending
Yahoo Finance·2026-01-14 21:00
As Congress crafts legislation to establish a regulatory framework for digital assets markets, a slew of new research is underscoring the risks to small businesses and job creation posed by a critical issue in this debate: the payment of interest, yield or rewards on payment stablecoin holdings. While the GENIUS Act took the first step in addressing these risks by prohibiting payment stablecoin issuers from offering yield and interest, Congress must explicitly extend this important prohibition to crypto ex ...