Stablecoin compromise reveals shift beyond “us versus them” mentality

Debate over stablecoin regulation highlights a shift from rivalry to cooperation between banks and crypto firms, as policymakers weigh systemic risk, yields, and the dollar’s global role.

 

Nic Puckrin, investment analyst and co-founder of Coin Bureau.

 


 

Discover top fintech news and events!

Subscribe to FinTech Weekly’s newsletter

Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more

 


The last few weeks have seen a fierce debate in Washington between crypto firms and banks over a contentious bill that will define the future of crypto regulation. The key issue in question – whether crypto service providers should be allowed to pay yields on stablecoins – has had the talks at a stalemate. 

But…

Source link