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he Banks Think Stablecoin Interest Is Too Genius
Are the big banks finally worried that their pathetic 0.01% savings rates are being exposed by digital assets, or is the American Bankers Association just looking out for our "safety" again? 🏦🤔 It seems the traditional finance giants have officially sent a frantic letter to the Senate, sounding the alarm on the "GENIUS Act" because they are deeply concerned about how stablecoin issuers are paying out interest. 📝😱
They are claiming there are dangerous "vulnerabilities" in the law, but let’s be honest—it’s probably just a polite way of saying they hate seeing competition that actually rewards its users instead of burying them in hidden monthly service fees! 📉💸
Why would anyone keep their money in a vault that pays pennies when the blockchain is offering a piece of the pie? 🥧🤡✨$ZEC
From an economic perspective, this pushback is a classic example of "incumbent friction" where traditional institutions try to slow down innovative financial instruments using the shield of regulation. 🛡️🎓 $ETH
The ABA argues that the way the GENIUS Act handles interest payments could create systemic risks, but many see it as an attempt to maintain their monopoly over your hard-earned capital! 💼🏛️
By labeling these yield-bearing stablecoins as high-risk, they hope to stifle the growth of decentralized savings alternatives that offer significantly better returns than your local brick-and-mortar branch ever could. 🧱📈
It is a fascinating educational lesson in how laws are often shaped by the fear of losing market share rather than just purely protecting the average consumer's wallet! 📚💰🚀$BTC
So, is the GENIUS Act actually a disaster waiting to happen, or is it just too "genius" for the old-school banking lobby to handle comfortably? 🧠🔥
The truth likely lies somewhere in the middle, but watching the ABA scramble to define "yield" as a "vulnerability" is honestly a masterclass in linguistic gymnastics that should be taught in every business school! 🤸‍♂️🏛️
While they fight to keep the rules in their favor, the rest of us are realizing that the era of accepting crumbs from the banking table is rapidly coming to an end. 🍞🚫
We should all keep a very close eye on these Senate discussions because when the banks start writing "warning" letters, it usually means the little guy is finally starting to get a fair deal somewhere else! 🕵️‍♂️📈💎
#ABA #Stablecoins #GENIUSAct #BankingRegulation

アメリカ銀行協会（ABA）と52の州銀行が上院銀行委員会の指導者に手紙を送り、法律#GENIUS のいくつかの条項の修正を求めた。彼らはこの法律が金融システムに「危険な抜け穴」を生み出していると考えており、特にステーブルコインへの利息支払いに関して問題があると指摘している。

銀行の主要な提言

ステーブルコインへの利息/利回りの支払い禁止を厳格化: ABAは、ステーブルコインを発行する組織が利息を支払うことを禁止することに同意したが、取引所や仲介業者が法律を回避して利回りを支払う可能性があることに警告した。これにより、預金の流れが銀行から移動し、銀行システムの信用創造能力が弱まる可能性がある。#ABA この禁止令を仲介者にも拡大するよう提案。

再び暗号通貨の世界が熱を帯びてきています — 今回は、アメリカ銀行家協会（ABA）に焦点が当たっています。XRPの著名な弁護士ジョン・ディートンは、リップルとサークルが銀行ライセンスを取得しようとするのを妨害しようとしているABAを直接非難しました。
ディートンの見解では、これは単なる規制の問題ではありません — これは権力のゲームです。
彼は、ABAのようなグループに支えられた伝統的な金融機関が暗号革新に脅威を感じていると主張しました。「彼らは消費者を守っているのではありません。彼らは独占を守っているのです」とディートンはX（旧Twitter）で情熱的な投稿をしました。