U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets

**U.S. Crypto Coalition Fights Bank Data Fees Threatening Stablecoins and Digital Wallets**

A powerful coalition of U.S. cryptocurrency, fintech, and retail organizations is mobilizing against major banks' proposed data access fees that could severely disrupt the digital asset ecosystem. The unified front warns that these banking charges threaten to sever critical connections between traditional financial systems and popular cryptocurrency services, including stablecoins and digital wallets.

This development represents a significant challenge for the broader cryptocurrency market, potentially impacting Bitcoin transactions, DeFi protocols, and blockchain-based financial services. The coalition's letter emphasizes how bank data fees could create barriers for cryptocurrency adoption and limit access to essential financial infrastructure that powers digital asset trading and storage.

The dispute highlights growing tensions between traditional banking institutions and the evolving cryptocurrency landscape. As stablecoins become increasingly important for crypto trading and cross-border payments, any disruption to banking connectivity could significantly impact market liquidity and user accessibility. This regulatory and industry battle may influence cryptocurrency prices and adoption rates, making it a critical development for investors, traders, and DeFi participants monitoring market conditions and institutional crypto integration.