US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’
- Posted on August 13, 2025
- By Cointelegraph
- 5 Views
US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’
America’s top banking groups have urged Congress to close what they say is a loophole in the GENIUS Act that allows stablecoin issuers to offer yields through affiliates.