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Latest White House talks on stablecoin yield make ‘progress’ with banks, no deal yet

Latest White House talks on stablecoin yield make ‘progress’ with banks, no deal yet

More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and bankers to the table again on U.S. digital assets legislation, according to crypto insiders who attended.

“Today’s constructive meeting at the White House reflects the importance of focused working engagement,” said Ji Kim, the CEO of the Crypto Council for Innovation, who has been a regular participant in the talks. “The conversation built upon previous meetings to establish a framework that serves American consumers while reinforcing U.S. competitiveness,” he said, adding that there will be “more to come” to continue the progress.

“The dialogue was constructive and the tone cooperative,” Paul…

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