White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill
Key Takeaways:Crypto and Banking Leaders Meet at the White HouseStablecoin Yield Emerges as a Key RoadblockWhat Was on the TableOfficials and Industry Signal Progress
White House crypto adviser Patrick Witt described the meeting as fact-based and solutions-oriented. He said participants showed a shared willingness to reach a workable framework for stablecoins within broader market structure rules.
Industry groups echoed that tone. They stressed that resolving the yield question is critical to creating regulatory clarity without cutting off innovation in U.S.-based crypto markets.
Meanwhile, legislative work continues in the Senate. The Agriculture Committee recently passed its version of a digital asset market structure bill. That proposal will need to be reconciled with the Banking Committee’s approach before the full Senate can consider a vote.
For now, industry leaders say everyone remains at the table. The focus is on narrowing differences quickly so lawmakers can restart.
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