Recent meetings at the White House between bankers and crypto policy experts have focused on resolving obstacles related to the Market Structure Bill concerning stablecoin yields. While discussions have advanced and various aspects were debated, no final agreement has been reached so far. Stablecoins are cryptocurrencies pegged to stable assets like the US dollar to minimize price volatility. Their growing popularity and yield rates have become significant for investors, yet legal and regulatory disagreements have delayed the bill’s approval. The objective of these talks is to establish clear and actionable regulations for stablecoin yields to enhance market transparency and stability, thereby boosting investor confidence and facilitating the integration of cryptocurrencies into the financial system. Although progress has been noted, fundamental differences remain among parties, preventing a conclusive deal. The bill’s passage would provide a new legal framework to support the growth and stability of the cryptocurrency market. Further negotiations are expected in the coming days to address technical and legal issues, aiming to formulate clear policies and ensure stablecoin inclusion within the financial system.
Source: coindesk
