Eric Trump Accuses Banks of Blocking Stablecoins to Guard Their Own Profit Margins

Eric Trump posted on X accusing major banks including JPMorgan Chase, Bank of America, and Wells Fargo of lobbying to block stablecoin yield programs in order to protect a deposit spread that generates record profits while paying customers almost nothing. source: https://www.ethnews.com/eric-trump-accuses-banks-of-blocking-stablecoins-to-guard-their-own-profit-margins/