A survey by the American Bankers Association shows that a majority of consumers support limiting stablecoin yields to prevent bank risk.

PANews reported on March 11 that, according to The Block, a recent survey released by the American Bankers Association (ABA) shows that consumers support Congress banning stablecoin rewards by a 3-to-1 vote if stablecoin yields could pose a risk to the banking system and community lending. The survey also found that consumers believe stablecoin legislation should proceed cautiously to avoid any measures that could weaken the existing financial system. Furthermore, 84% of respondents believe businesses providing banking services should adhere to banking regulations, but 43% said they "don't know" whether Congress should prevent stablecoin issuers from paying out yields. 80% of respondents said they have never owned a stablecoin, and 48% said they are "extremely unlikely" to buy, hold, or use a stablecoin in the next 12 months.