# Have Banks Already Lost the Fight Over Stablecoin Yield?

Page: https://stenobird.com/podcast/banking-with-interest-121771/have-banks-already-lost-the-fight-over-stablecoin-yield
Text version: https://stenobird.com/podcast/banking-with-interest-121771/have-banks-already-lost-the-fight-over-stablecoin-yield.md
Podcast: [Banking with Interest](https://stenobird.com/podcast/banking-with-interest-121771)
Published: 2026-06-10T10:00:00+00:00
Episode link: https://bankingwithinterest.libsyn.com/have-banks-already-lost-the-fight-over-stablecoin-yield
Audio file: https://traffic.libsyn.com/secure/bankingwithinterest/Brendan_Pedersen_June_5_2026_Crypto_Market_Structure.mp3?dest-id=1986239
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JSON: https://stenobird.com/v1/public/podcasts/banking-with-interest-121771/episodes/have-banks-already-lost-the-fight-over-stablecoin-yield
Duration seconds: 2639

## Resource

Banks have fought a comprehensive effort to ensure stablecoins cannot offer yield. But the Senate Banking Committee passed a bill that the banking industry still says falls short. Does that mean banks have lost the fight? Will a crypto market structure bill pass this year? Brendan Pedersen of Punchbowl News offers insights into the current and future state of play.

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## Transcript

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