Recently, an interesting phenomenon has been circulating in the industry—traditional financial institutions have shown remarkable lobbying power in obstructing stablecoin interest and yield policies. However, some voices point out that this defensive stance actually reflects that banking industry players have already recognized the true potential of this track.

Analysts believe that as stablecoin payment applications continue to advance, banks may reconsider their strategies in the coming years. Once they truly realize the huge business opportunities in stablecoin payments, settlements, and liquidity management, their attitude is likely to shift from "opposition" to "support." After all, market education is often more persuasive than regulation.

It is worth noting that some crypto industry practitioners, including certain compliant platforms, are actively advocating for a more reasonable policy environment for the entire industry. Whether it is stablecoin interest policies or other rights and interests issues, their stance is very clear—promoting healthy industry development rather than passively accepting restrictions. The ultimate outcome of this tug-of-war between traditional finance and the crypto ecosystem will likely depend on the speed of market self-education.