Banking with Interest

Have Banks Already Lost the Fight Over Stablecoin Yield?

June 10, 2026·43 min
Episode Description from the Publisher

Banks have fought a comprehensive effort to ensure stablecoins cannot offer yield. But the Senate Banking Committee passed a bill that the banking industry still says falls short. Does that mean banks have lost the fight? Will a crypto market structure bill pass this year? Brendan Pedersen of Punchbowl News offers insights into the current and future state of play.

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