🗞 Latest: White House Stablecoin Yield Talks Continue — No Deal Yet
The White House has hosted multiple closed-door sessions bringing together banking trade groups and crypto industry representatives as part of ongoing negotiations over how stablecoin yields (rewards paid to holders) should be treated under proposed U.S. crypto legislation — notably the Digital Asset Market Clarity Act (CLARITY Act). � Unchained 📌 Key Points from the Talks: A third round of talks took place this week at the White House, described by participants as “constructive” and building on prior meetings. � Unchained However, no agreement has yet been reached on whether stablecoin platforms should be allowed to offer yield — a core sticking point holding up broader legislation. � CoinDesk Bank representatives — including major trade associations — continue to push for stricter limits or bans on yield, arguing it could undermine traditional bank deposits. � Bitbo Crypto firms like Coinbase and other industry groups argue that banning incentives would stifle innovation and dampen the competitiveness of U.S. stablecoins. � Bitbo Reports indicate the White House is now signaling support for limited or selective reward structures — such as allowing rewards tied to network activity rather than idle balances — as a potential middle ground. � Eudaimonia and Co ⚖️ What’s Next? The dispute over stablecoin yield remains the biggest unresolved issue preventing the CLARITY Act from progressing toward congressional approval. Lawmakers and negotiators may continue discussions as they seek a compromise that balances consumer protection, financial stability, and innovation goals. Would you like a short social-media summary (X/Twitter-ready) of this news too?
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🗞 Latest: White House Stablecoin Yield Talks Continue — No Deal Yet
The White House has hosted multiple closed-door sessions bringing together banking trade groups and crypto industry representatives as part of ongoing negotiations over how stablecoin yields (rewards paid to holders) should be treated under proposed U.S. crypto legislation — notably the Digital Asset Market Clarity Act (CLARITY Act). �
Unchained
📌 Key Points from the Talks:
A third round of talks took place this week at the White House, described by participants as “constructive” and building on prior meetings. �
Unchained
However, no agreement has yet been reached on whether stablecoin platforms should be allowed to offer yield — a core sticking point holding up broader legislation. �
CoinDesk
Bank representatives — including major trade associations — continue to push for stricter limits or bans on yield, arguing it could undermine traditional bank deposits. �
Bitbo
Crypto firms like Coinbase and other industry groups argue that banning incentives would stifle innovation and dampen the competitiveness of U.S. stablecoins. �
Bitbo
Reports indicate the White House is now signaling support for limited or selective reward structures — such as allowing rewards tied to network activity rather than idle balances — as a potential middle ground. �
Eudaimonia and Co
⚖️ What’s Next?
The dispute over stablecoin yield remains the biggest unresolved issue preventing the CLARITY Act from progressing toward congressional approval. Lawmakers and negotiators may continue discussions as they seek a compromise that balances consumer protection, financial stability, and innovation goals.
Would you like a short social-media summary (X/Twitter-ready) of this news too?