“Compromise Is in the Air”: New Details from White House Stablecoin Talks

TLDR: Banks accepted limited exemption language on stablecoin rewards after previously rejecting all transaction-based incentives. Crypto firms want broad definitions of permissible activities, while banks seek tighter limits to protect deposit structures. The White House urged both sides to reach a stablecoin deal before March 1 to sustain legislative momentum. A smaller meeting size allowed [...]

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