I asked Grok about the ABA, the American Banking Association is a paper tiger. They're just an association that occasionally sues government entities. The ABA, along eith the US Chamber of Commerce and several over banking and business associations, sued the fed, fdic and occ over new rules for the community reinvestment act in March 2024. The federal judge paused the implementation of the rules.

However.... the fed reserve, the fdic, and the OCC appealed that injuction and argued they acted with their authority.

Like the ABA is a bunch of legal stuffers for small time shit.

USDC and others are ganna get their banking license.