The American Bankers Association has sent 8,000 letters since last Friday lobbying the Senate to amend the compromise on stablecoin yields.

PANews reported on May 13 that crypto journalist Eleanor Terrett revealed on the X platform that since last Friday, members of the American Bankers Association have sent over 8,000 letters to the Senate office, urging lawmakers to amend the stablecoin yield compromise. Sources familiar with the matter said this does not include additional telephone lobbying efforts.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
US senators have submitted a new amendment to explicitly prohibit cryptocurrencies from being used as fiat currency.
PANews Newsflash