White House plans new stablecoin yield talks

The White House plans new talks with banks and crypto firms to resolve stablecoin yield disputes, aiming to break a legislative deadlock and shape U.S. crypto regulation.

The White House is considering convening another high-level meeting with representatives from the banking and crypto industries to address the ongoing dispute over stablecoin yield regulations. Previous discussions have failed to resolve whether stablecoin issuers or platforms should be permitted to offer interest-like rewards to holders—a key issue stalling major U.S. crypto legislation, including the CLARITY Act and the Digital Asset Market Clarity Act. Banks warn that allowing such yields could trigger deposit flight and increase financial risks. In contrast, crypto firms argue that banning these rewards would be anti-competitive and drive users toward less regulated alternatives. Sources suggest the next meeting could take place as soon as February 19th, with the White House aiming to broker a compromise before legislative deadlines. The outcome is expected to significantly shape the future regulatory framework for stablecoins and the broader U.S. crypto market.