Key Takeaways:
- Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield.
- Talks aim to unlease bottlenecks, foster the progress of the Digital Asset Market Clarity (CLARITY) Act
- Groups in the industry say that the constructive discussion focuses on policy details
U.S. policymakers and industry leaders are moving closer on one of the most contested crypto policy issues. Stablecoin yield has emerged as a central sticking point as lawmakers work to advance market structure legislation in Congress.
Crypto and Banking Leaders Meet at the White House
The Digital Chamber said in a Monday post on X that representatives from the crypto and banking sectors met with White House officials to discuss stablecoin yield. According to the advocacy group, it was a huge win to begin market structure legislation.
They narrowed on the place of stablecoin rewards under the federal law. And that has been a sluggard on the CLARITY Act, the one that seeks to map the regulations on digital assets in the United States.
A mix of high-profile crypto policy personalities combined with old-school financiers made the crowd: they were being concentrated around pushing the space between the two camps that tend to fight over bits of the rulemaking.
Read More: Trump’s $1 Trillion Crypto Vision? White House Unveils Blueprint for America’s Digital Future
Stablecoin Yield Emerges as a Key Roadblock
Stablecoin yield has been examined under the microscope as they are directly between payments, securities regulations, and bank control. Legislators continue to debate the appearance of yield-generating coins in the form of deposits, investment products or an entire game.
In January the CLARITY Act markup was held up by the Senate Banking Committee. They replied that there are plenty of annoying details to be ironed before the bill can be refitted, and stablecoin payouts are on the first page of that list.
Read More: Senate Freezes CLARITY Act Vote as Crypto Giants Clash Over Stablecoins, DeFi and Market Rules
What Was on the Table
According to industry statements, discussions went beyond yield alone. Officials and industry representatives also touched on:
- Oversight of decentralized finance activities
- Rules around tokenized equities
- Ethical standards for elected officials holding digital assets
The Digital Chamber said its leadership remains engaged in detailed policy discussions and sees momentum building toward compromise language.
Officials and Industry Signal Progress
White House crypto adviser Patrick Witt described the meeting as fact-based and solutions-oriented. He said participants showed a shared willingness to reach a workable framework for stablecoins within broader market structure rules.
Industry groups echoed that tone. They stressed that resolving the yield question is critical to creating regulatory clarity without cutting off innovation in U.S.-based crypto markets.
Meanwhile, legislative work continues in the Senate. The Agriculture Committee recently passed its version of a digital asset market structure bill. That proposal will need to be reconciled with the Banking Committee’s approach before the full Senate can consider a vote.
For now, industry leaders say everyone remains at the table. The focus is on narrowing differences quickly so lawmakers can restart.
Source: https://www.cryptoninjas.net/news/white-house-talks-stablecoin-yield-as-crypto-banks-push-us-market-structure-bill/
