
The industry group offers to restrict interest on static holdings while defending rewards for active ecosystem participation, as the White House sets a month-end deadline to resolve the legislative standoff.
The U.S. Senate’s crypto market structure bill remains stalled following a failed White House meeting this week where Wall Street bankers argued against stablecoin yields to protect deposits. The Digital Chamber released principles defending rewards for active ecosystem participation while proposing a ban on interest for static holdings. The administration has urged a compromise by the end of the month to break the deadlock, with industry leaders advocating for targeted measures over a blanket prohibition.