Major players in the crypto industry are pushing back against proposed changes to the GENIUS Act that would restrict stablecoin yields. Industry veterans and advocacy groups warn the restrictions could hamper innovation and drive users toward alternative payment systems outside the US market. The debate highlights tensions between regulatory oversight and maintaining competitive advantages in the digital asset space. Stablecoin issuers argue that yield restrictions might push adoption toward foreign-based solutions, potentially undermining American leadership in the fintech sector.