Banking lobbies eye revisions to stablecoin rules as Congress returns

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Liam Kelly

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Mentions

People	Brian Armstrong, Paul Grewal
Organizations	Coinbase, PayPal, Bank Policy Institute, American Bankers Association

Code	Name
US	🇺🇸United States

Target	Sentiment	Comment
Coinbase	Bullish	Coinbase is defending its position on offering competitive rewards for stablecoin holders.
Bank Policy Institute	Bearish	The Bank Policy Institute argues that yield-bearing stablecoins could undermine the traditional lending market.