Sep. 15 at 7:39 PM
$BTC.X
$MSTR i don’t own crypto, but sheesh man the banks are greedy.
$JPM
“On September 14, 2026, eight major U.S. banking groups—including the American Bankers Association, Bank Policy Institute, and Independent Community Bankers of America—asked Senate leaders to tighten the CLARITY Act’s stablecoin-reward provisions. They argued that the remaining exceptions could allow interest-like payments that attract deposits away from banks.
More specifically, banking groups have argued that:
Stablecoin arrangements could function as substitutes for bank deposits, creating a risk of deposit flight from community banks.
They were particularly concerned that rewards tied to the amount of stablecoins held or how long they’re held could encourage people to keep money in stablecoins rather than in bank deposit accounts. “
They already make so much money off people yet they don’t want to compete with crypto for saving yields when they offer fucking shit 1% interest.
