🚨 WHITE HOUSE STABLECOIN TALKS ENTER DECISIVE WEEK

The White House will hold a key meeting on Tuesday, February 10, to resolve a standoff between banks and the crypto industry over stablecoin rules. The talks are the latest push to meet a late-February deadline for the CLARITY ACT.

The main issue is whether non-bank crypto firms can offer interest or rewards on stablecoins, a provision blocking the bill.

Major banks including #JPMorgan , Bank of America, and Wells Fargo will join the talks directly, alongside crypto firms #Coinbase , #Ripple , and #Circle .

#Banks warn yield-bearing stablecoins could drain deposits. #Crypto firms say banning rewards would hurt competition.