🚨 WHITE HOUSE STABLECOIN TALKS HIT A CRITICAL POINT $NKN
The White House is set to hold a decisive meeting on Tuesday, Feb 10, aiming to break the deadlock between banks and the crypto industry over stablecoin regulation. This is a final push to meet the late-February CLARITY Act deadline. $DUSK
THE CORE DISPUTE 👇 $AXS
Whether non-bank crypto firms should be allowed to offer interest or rewards on stablecoins — a clause currently stalling the bill.
WHO’S AT THE TABLE 🏛️
Banks: JPMorgan, Bank of America, Wells Fargo
Crypto: Coinbase, Ripple, Circle
TWO SIDES, TWO ARGUMENTS
• Banks: Yield-bearing stablecoins could pull deposits out of traditional banks
• Crypto firms: Banning rewards would hurt innovation and fair competition
What gets decided this week could shape the future of U.S. stablecoins — and set the tone for global regulation. 🔥