Banking Industry Disputes White House Claims on Stablecoin Yields and Deposit Security
The US cryptocurrency sector's primary legislative push, the Digital Asset Market Clarity Act, remains stalled due to disagreements over stablecoin yields, which have little bearing on the bill's core objective of regulating US crypto markets. Bankers have reignited the debate, arguing that the industry's reward programs pose a threat to bank deposits. In response to a White House economic report…
April 13, 2026, 3:35 p.m.