Members of the American Bankers Association have sent over 8,000 letters to the Senate, urging lawmakers to improve the compromise plan for stablecoin yields.

Golden Finance reports that on May 13, according to crypto journalist Eleanor Terrett, sources revealed that since last Friday, members of the American Bankers Association have sent over 8,000 letters to the Senate office, urging lawmakers to improve the compromise bill on stablecoin yields. This action does not include any additional phone lobbying activities initiated separately.

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