Mars Finance reports that the White House has met with banks and cryptocurrency companies to discuss whether stablecoins should be allowed to offer yield rewards. According to sources familiar with the matter, the discussions have been described as “productive,” and initial signs of compromise have emerged. No agreement has been reached yet, and more meetings are expected before the March 1 deadline.
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Insider: U.S. meeting on stablecoin yield rewards described as "productive"
Mars Finance reports that the White House has met with banks and cryptocurrency companies to discuss whether stablecoins should be allowed to offer yield rewards. According to sources familiar with the matter, the discussions have been described as “productive,” and initial signs of compromise have emerged. No agreement has been reached yet, and more meetings are expected before the March 1 deadline.