A survey conducted by Morning Consult and released by the American Bankers Association (ABA) shows that consumers generally support capping yields on stablecoins to avoid financial risks: if stablecoin yields could reduce the funds banks use for community lending, respondents support congressional restrictions on related incentives by approximately 3:1; at the same time, about 6:1 believe that stablecoin legislation should be cautious to avoid undermining the existing financial system. Additionally, 84% of respondents think that institutions providing banking-like services should follow similar regulatory rules, but about 80% have never held stablecoins. (The Block)

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