2026-01-07 05:25:54

The US community banking industry is taking new actions. The Community Bankers Council has submitted a letter to the Senate with clear recommendations regarding the ongoing Crypto Market Structure Bill: it should prohibit affiliated institutions of stablecoin issuers (including exchanges and other partners) from providing users with yields or interest returns under any guise.

The logic behind this is quite clear—using related-party channels to indirectly pay interest on stablecoins is essentially a way to evade regulation. The banking industry hopes to close this "loophole" to ensure stablecoin operations remain within a compliant framework.

As US cryptocurrency policies continue to evolve, the regulatory details for stablecoins will become increasingly strict. If this recommendation is incorporated into the final legislation, it will directly impact the operational model of the stablecoin ecosystem.

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DaisyUnicorn

· 01-09 20:09

Here comes another "gap" blocking, huh? Banks are really coming up with new tricks one after another... The profit model for stablecoins is about to cool down.

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SolidityStruggler

· 01-09 07:21

The banking industry is once again plugging loopholes, and the days of stablecoins are indeed becoming more difficult... But on the other hand, if these regulations really come into effect, the interest products on exchanges will need a major overhaul. Oh wait, in that case, how can ordinary users earn returns?

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SatoshiHeir

· 01-07 22:49

Ha, it's the old trick of the banking industry again. Blocking here and covering there, but it can't hide the essence—the panic of the fiat currency system.

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BlockchainBouncer

· 01-07 05:55

The banking industry is trying to kill DeFi, banning interest? Then what's the appeal of stablecoins? Isn't it just USDC?

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SleepTrader

· 01-07 05:53

The banking industry is causing trouble again... The ban on interest is really harsh, how can stablecoins survive? Here they come again, this time blocking the related-party loophole? It feels like on-chain yields are about to cool off. The compliance framework is tightening more and more, leaving no room for maneuver. I'm really worried that one day stablecoins will lose their appeal... Just having value preservation isn't enough. With this move, the days of DeFi mining might also become difficult.

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BearMarketBuilder

· 01-07 05:28

Are they trying to block the loopholes again? The banks are getting desperate; stablecoins are about to be heavily regulated. --- Now all those tricks of the exchanges have to be put away. It’s about time. --- Prohibiting yields? Then how do USDC and USDT work... Feels like the ecosystem will get chaotic. --- Bank cards holding stablecoin funds—this wave of regulation is really harsh... It depends on how the Senate votes. --- Related parties paying interest is already skirting the law; good to shut it down. --- Once the US takes action, stablecoins will start to change; how are the conditions on other chains? --- If this continues, how will DeFi yields be managed... Costs will probably go up too. --- The lobbying by the banking industry is too strong; are stablecoin good days coming to an end? --- Avoiding regulation has been exposed; it should be regulated like this. --- That set of "interest giveaways" by exchanges is finally coming to an end.

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