XRP News Today: XRP Gains as US Economic Data Offsets Crypto Policy Concerns
However, a statement from the banking community underscored challenges ahead in finding common ground on stablecoin yield-related legislation.
Terrett shared a press release from the coalition of bank trade groups, which said:
“As we shared in the meeting, we must ensure that any legislation supports the local lending to families and small businesses that drives economic growth and protects the safety and soundness of our financial system. Banks of all sizes will continue to work with lawmakers, the White House, and other stakeholders to help develop thoughtful, effective policy around digital assets.”
Senior reporter Brendan Pedersen remarked on the White House meeting and negotiations, stating:
“Folks in the room of the WH…


