#Stablecoins No agreement was reached after a closed door meeting between banks and crypto firms over stablecoin yield rules.
Banks pushed for strict limits on rewards tied to holding or using stablecoins, arguing yield could pull deposits away from traditional banking and reduce lending.
Crypto firms pushed back, saying rewards and incentives are core platform features and banning them would mainly protect banks, not consumers.
One small shift emerged, with banks showing limited openness to exceptions if rewards are tied strictly to transactions.
The White House is now pushing both sides to finalize compromise language by March 1st.
Talks will continue, but the biggest blocker to U.S. stablecoin regulation remains unresolved.
#crypto #cryptonews #bitcoin #CPIWatch
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