The Congress should prohibit interest on payment stablecoins.

Congress's Decision-Making Process

If Congress does not ban interest on payment stablecoins, it could negatively impact the mainstream credit system. Experts are highlighting the potential effects on small businesses and consumers.

Risks of Applying Interest

Payment stablecoins are among the rapidly growing digital currencies. However, the interest rates applied to them could create imbalances in the markets and disrupt the operation of the traditional banking system.

Impact on Small Businesses

Small businesses, having limited financial resources, are directly affected by such practices. High interest rates could lead to tighter credit conditions, thereby harming the main street economy.