PANews reported on April 2 that according to Eleanor Terrett, despite the crypto industry's call to allow stablecoin holders to earn interest, the U.S. Congress still insisted on not including this clause in the review of the STABLE Act. French Hill, chairman of the House Financial Services Committee, said the bill aims to regulate the payment system rather than create investment tools. Industry insiders criticized this move for protecting the interests of traditional banks and hindering financial innovation and fair competition.