The ABA says yield-paying stablecoins could pull deposits from community banks, tighten local lending, and raise funding costs fast. The American Bankers Association is pushing back on a White House economic report about stablecoins. The ABA argues the analysis is asking the wrong question entirely.  Instead of examining what happens if yield is banned, policymakers … Continue reading ABA Warns Yield Stablecoins Could Drain Bank Deposits Fast