The fight over the future of stablecoin yields in the U.S. has intensified, with more than 250,000 letters sent to U.S. senators. The letters, organized by the pro-crypto group Stand With Crypto, are a direct response to lobbying efforts by Wall Street banks. The letters urge lawmakers to maintain the current language of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which regulates stablecoins and their ability to offer rewards. Stand With Crypto, a member-driven organization that advocates for digital asset protection, has pushed back against calls from banking groups to limit ... (full story)