White House to Host Third Stablecoin Yield Meeting
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BTCCSquare news:
The WHITE House will convene its third meeting on stablecoin yields Friday at 9 a.m. ET, continuing contentious discussions between traditional banks and crypto firms. Previous sessions have failed to bridge the divide—banks view yield-bearing stablecoins as a threat to deposit bases, while crypto advocates frame yields as essential for innovation and user incentives.
These negotiations tie directly to the stalled CLARITY Act, bipartisan legislation that WOULD establish regulatory jurisdiction over digital assets. Market sentiment appears optimistic, with Polymarket traders pricing nearly 70% odds of the bill passing by 2026.
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