White House Crypto Roundtable Fails to Agree on Stablecoin Yields, Urges Compromise by Month-End

Meeting Background and Key Disputes

Recently, the White House organized a high-level meeting on stablecoin regulation, attended by representatives from the crypto industry and major traditional banks. The central issue discussed was whether stablecoins should be allowed to offer yield or incentives.

Government Push for Compromise

According to sources, the Trump administration has clearly urged all parties to reach a substantive compromise on related legislative language by the end of this month. This is seen as crucial for advancing the Senate’s crypto market structure bill.

Industry Views and Bank Positions

While the crypto sector views the meeting as a necessary step forward, traditional banks have not yet offered concrete concessions. Disagreements remain significant, particularly regarding stablecoin yields.

Next Steps

Chaired by President’s crypto advisor Patrick Witt, the discussions reflect the White House’s hope to move the bill to the Senate Banking Committee soon, with efforts to secure support from some Democratic lawmakers.