Senator Angela Alsobrooks Says ‘Compromise’ On Stablecoin Rewards Issue Being Worked Out: ‘Don’t Let Perfect Be The Enemy Of Good’
Posted On March 11, 2026
Sen. Angela Alsobrooks (D-Md.) called for a compromise on the issue of stablecoin rewards on Tuesday, emphasizing that perfect should not be the “enemy” of the good.
No Concessions On Interest On Idle Balance
Speaking at the American Banking Association Summit, Alsobrooks expressed firm support for the banking industry and pledged to take necessary steps to prevent “deposit flight” from these institutions.
“It’s really important that we do not allow payment on a [stablecoin] balance that would cause deposit flight.” Alsobrooks, also a member of the Senate Banking Committee, stated. “So, making sure that we are not allowing bank-like products without bank-like protections.”
About The Author
