The American Bankers Association (ABA) has identified blocking stablecoin yields as a primary focus for 2026, amid ongoing discussions with U.S. lawmakers. The ABA aims to prevent payment stablecoins from becoming alternatives to bank deposits by banning interest, yields, or rewards, which they argue could diminish community bank lending. This move comes as Bank of America CEO Brian Moynihan highlighted the potential for $6 trillion to shift from banks to interest-bearing stablecoins. Meanwhile, Circle CEO Jeremy Allaire dismissed fears of stablecoin yields causing bank runs as "completely absurd."