White House Clash: Stablecoins, Banks & the Battle Over Yield Rules

A White House stablecoin meeting scheduled for Tuesday, Feb. 10, 2026, is drawing attention as U.S. regulators, major banks and crypto firms attempt to bridge differences over how stablecoins like USDC and USDT should be treated under federal law — especially regarding yield or reward payments. The talks mark a continuation of ongoing negotiations after earlier meetings failed to resolve key issues in the Clarity Act, with banks pushing back against yield-bearing stablecoin products and industry representatives arguing they’re essential for innovation and adoption. 

In the broader market, stablecoins remain a cornerstone of crypto liquidity, with supply and transaction volume rising steadily as adoption deepens. USDC and USDT continue to hold parity with the U.S. dollar and dominate the sector, while institutional debates over their regulatory framework underscore the tension between traditional finance and digital asset growth. As policymakers seek clarity and compromise, the outcome of these discussions could shape the next phase of stablecoin integration into mainstream finance.