U.S. Crypto and Banking Groups Near Compromise on Stablecoin Yield Rules

Stakeholders involved in the U.S. crypto market structure bill reviewed a new compromise proposal after two months of negotiations. The proposal was presented to banking representatives on the 3rd, with discussions focused on the potential effect of stablecoin yields on bank deposits. The development adds detail to ongoing efforts to resolve stablecoin yield rules within broader U.S. crypto legislation.

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