The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding the line on needing some forms of rewards for stablecoin users.

A White House meeting between Wall Street bankers and crypto executives hit a wall this week, despite officials in President Donald Trump’s administration urging the sides to find a compromise. The banks held their line that no stablecoin yield or reward is acceptable, arguing that such yields threaten the depository activity at the heart of the U.S. banking system, explaining their position in a one-page paper entitled “Yield and Interest Prohibition Principles.”

The Digital Chamber has now penned its own set of principles and began…