$BTC $ETH Washington’s long-anticipated White House stablecoin summit has ended without agreement, exposing deep fractures between traditional finance and the crypto industry.
According to multiple sources familiar with the discussions, crypto industry representatives left the meeting visibly frustrated after major U.S. banks adopted a rigid, no-compromise position on key issues surrounding stablecoin regulation.
🔍 What Happened
During the closed-door talks, banking giants reportedly refused to concede ground on several core demands:
Control over rewards and yield mechanisms
Exclusive authority over custody of reserves
Strict balance-sheet dominance in stablecoin issuance
Crypto firms, including blockchain and digital asset advocates, pushed back hard—calling for parity, open competition, and equal access to financial infrastructure, similar to traditional banking institutions.
Despite hours of discussion, the talks ended with zero resolution.
⚖️ Why It Matters
The failed summit underscores growing tension between TradFi and the crypto sector:
It highlights widening fault lines between banks and blockchain innovators
It may delay or derail stablecoin legislation currently under discussion
It raises the risk that future policy could be written without meaningful industry buy-in
For assets like $BTC, $ETH, and gold-backed stablecoins such as $PAXG, regulatory uncertainty remains a major overhang.
🧭 The Bigger Picture
Stablecoins sit at the crossroads of payments, banking, and digital assets. A breakdown in dialogue at the White House signals that the fight over who controls the future of digital dollars is far from settled.
🔚 Bottom Line
No handshake. No deal.
What was once a quiet negotiation has now escalated into open friction. The stablecoin battle has officially entered a more confrontational phase—and the outcome could reshape the future of crypto finance in the United States.
⚠️💥
#US #GoldSilverRebound #TrumpProCrypto #Bitcoin #Ethereum #Stablecoins
