[ABA Survey: Majority of Consumers Support Limiting Stablecoin Yields to Reduce Financial Risks] Odaily Planet Daily News – A new survey released by the American Bankers Association (ABA) shows that the majority of consumers support limiting stablecoin yields if they pose risks to the banking system. The survey, conducted by Morning Consult, aimed to understand public opinions on stablecoins, fintech innovation, and related regulatory policies. The results indicate that if stablecoin yields could reduce the funds banks use for community loans and economic growth, about two-thirds of respondents (approximately 3:1) support Congress imposing restrictions on stablecoin reward mechanisms. Additionally, respondents, by a 6:1 ratio, believe that legislation related to stablecoins should proceed cautiously and avoid measures that could weaken the existing financial system, particularly community banks that rely on the banking system to support local economic activities. This survey comes as the U.S. Congress is discussing crypto market structure legislation, with the issue of whether stablecoins should be allowed to offer yields to holders becoming a central point of contention between the banking and crypto industries. The banking industry argues that if stablecoins offer yields, it could attract funds away from traditional bank accounts, thereby impacting banks' deposit bases and lending capabilities. ABA President and CEO Rob Nichols stated that the banking industry welcomes competition and innovation, and many banks are interested in entering the digital asset market. However, they oppose allowing new entrants to offer bank-like financial products under unequal regulatory conditions.