Banks' survey says people don't want to rock the boat if stablecoin yield risks lending

The American Bankers Association has released a survey suggesting that U.S. adults are concerned about stablecoin yields threatening community lending. The banking lobby is using this data to influence the Digital Asset Market Clarity Act currently under consideration.
Why it matters
This highlights the ongoing tension between traditional banking institutions and the emerging crypto sector regarding financial regulation.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Banks survey says people don t want to rock the boat if stablecoin yield risks lending The American Bankers Association, which lobbies against the crypto sector over the Clarity Act s stablecoin section, unveiled its new polling. By Jesse Hamilton | Edited by Nikhilesh De Jun 3, 2026, 9:00 a.m. 3 min read Make preferred on The American Bankers Association commissioned a survey to back up its argument that stablecoin yield may be a threat to bank deposits. (Peter Macdiarmid/Getty Images) What to know : The American Bankers Association commissioned a poll to back up its opposition to stablecoin yield, which the group says is reinforced by survey respondents who agree that it shouldn t be allowed if it could threaten U.S. lending and community banking. The survey also indicates that a significant 30% of U.S. adults said they re likely to buy or use digital assets in the next year. Bankers are still lobbying for changes in the latest version of the crypto Clarity Act, though only a handful of weeks remain in the Senate s calendar to get the market structure bill through to President Donald Trump s desk. U.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to reinforce their ongoing contention with results indicating 57% of people think Congress should stop crypto firms from offering anything that resembles bank interest on stablecoins if it could harm community lending.
The article focuses on the banking industry's perspective and lobbying efforts against crypto-sector growth.
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