Banks push to slow stablecoin law as Agora races for charter

Banks push to slow stablecoin law as Agora races for charter

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enCoinDesk NewsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBanks push to slow stablecoin law as Agora races for charterU.S. banks are looking to delay landmark stablecoin legislation even as crypto firms like Agora push ahead.By AI Boost|Edited by Jennifer Sanasie Apr 30, 2026, 1:56 p.m. 2 min readMake preferred on Latest developments: Banking groups want regulators to pump the brakes on the Genius Act rollout. Reading between the lines: The fight centers on deposits and yield economics. Why it matters: A unified federal framework could reshape U.S. finance. Closer look: Agora is betting on a bank charter to compete. The firm filed for a national trust bank charter with the OCC last week, aiming for approval by year-endA charter would allow Agora to issue stablecoins directly under federal

Source: https://www.coindesk.com/coindesk-news/2026/04/29/banks-push-to-slow-stablecoin-law-as-agora-races-for-charter