White House talks on stablecoin yield show 'progress' with banks amid ongoing negotiations
In the latest of a series of meetings hosted at the White House, bankers and crypto policy experts met to break down the wall halting the market structure bill.
Discussions at the White House regarding stablecoin yield have shown signs of progress as banks and stakeholders continue negotiations without reaching a final deal yet. The recent talks aimed to address the complexities surrounding the market structure bill and find common ground on regulating stablecoin yields.
Industry experts suggest that while there has been positive momentum in the discussions, challenges remain in aligning the interests of traditional financial institutions with the evolving landscape of digital assets.
Despite the absence of a definitive agreement, both parties have expressed a commitment to working towards a mutually beneficial resolution. The ongoing dialogue reflects a collaborative effort to navigate the complexities of emerging technologies within the financial sector.