Senator Lummis Urges Banks to Embrace Stablecoins as Legislation Stalls

As negotiations over U. S. crypto market structure stalled in Washington, Senator Cynthia Lummis urged traditional banks to stop resisting stablecoins and instead treat them as a competitive opportunity. Her comments come as lawmakers acknowledge that a comprehensive regulatory framework is now unlikely to pass before Spring 2026 source: https://www.ethnews.com/senator-lummis-urges-banks-to-embrace-stablecoins-as-legislation-stalls/