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Congress must bar interest on payment stablecoins to avoid harming Main Street lending

Congress must bar interest on payment stablecoins to avoid harming Main Street lending

2026-01-14

Allowing crypto exchanges and other intermediaries to offer yield-like incentives on payment stablecoins would pose significant risks to local economies, argues Kevin Paintner, chairman of the Independent Community Bankers of America’s Digital Assets Subcommittee.

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