
President Trump’s administration will host a meeting of bank and crypto leaders to address disputes over stablecoin interest rules and revive the CLARITY Act amid tight legislative deadlines.
The White House is set to meet around 10 banking and cryptocurrency executives on Monday in an effort to restart negotiations on the stalled CLARITY Act. The meeting aims to reconcile differences over regulating yield or reward features on stablecoins, which banks say could undermine traditional deposits and balance sheet stability, while crypto firms warn restrictions would stifle innovation. Talks had been quiet for weeks before this formal session, and the outcome could determine whether a revised bill returns to committee or is shelved again. The legislation’s fate is also tied to legislative calendar pressures, with supporters pushing for progress before deadlines close.