🇺🇸🪙 White House crypto adviser Patrick Witt says stablecoin yield products are not a threat to banks, urging cooperation over conflict. He argues banks can offer similar products and many are seeking OCC charters to expand into digital assets. The debate is central to the CLARITY bill, which would divide oversight between the SEC and CFTC. With the 2026 midterms approaching, officials warn the legislative window under President Trump is narrowing fast.

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