📝Stablecoin meeting was smaller than last week and included reps from coinbase, Ripple, a16z, plus trade groups BlockchainAssn and crypto_council. No individual bank reps attended — bank voices were represented via trade associations ABABankers, bankpolicy and ICBA.

The White House's third crypto and banking meeting proposed that stablecoin rewards be limited to active transactions, not idle balances, in response to bank concerns. The discussion was constructive, but no agreement was reached. Next steps: Bank feedback and follow-up meetings. #Stablecoin $USDC

White House in third crypto-bank meeting proposes stablecoin rewards limited to transaction activity, not idle balances, to ease bank concerns. Constructive talks, no binding deal yet. Next: banks' response, more sessions. #Stablecoins $USDC

The White House supports stablecoin rewards and urges banks to adapt, while Bitcoin options hint at a $60K retest this m

Ripple CEO confirmed a meeting at the White House involving representatives from the crypto and banking sectors. This follows a similar event by Trump administration officials to discuss stablecoin yield in relation to a proposed market structure bill.

Clarity Act Update 9am EST The third stablecoin yield meeting at the White House is happening today at 9:00 A.M. ET. This is a continuation of closed-door discussions between representatives from the crypto industry and traditional banking sectors. This third session involves a small, select group: Crypto side: Paul Grewal, Stuart Alderoty, Miles Jennings (a16z crypto), and other trade reps. Banking side: Representatives from major banks and industry groups. The core issue revolves around stablecoin yields (interest or rewards paid on stablecoins like USDC or USDT). Banks argue that allowing yields on stablecoins (especially via exchanges or platforms) creates unfair competition for traditional bank deposits, potentially draining liquidity from the banking system. Crypto firms view yields as a key feature for innovation, user incentives, and on-chain returns essentially, "yield is the feature, not a bug."These talks are tied to breaking an impasse that's stalling broader U.S. crypto market structure legislation, particularly the bipartisan CLARITY Act, which aims to clarify regulatory oversight for digital assets. Previous meetings (early February) were described as "productive" but ended without resolution, with the White House setting a March 1, 2026 deadline for the sides to reach a compromise so Congress can move forward.

NOW: Stablecoin yield meeting is set for 9 A.M. ET at the White House, with attendees including Stuart Alderoty of Ripple and Paul Grewal of Coinbase, along with banking reps

Representatives from Coinbase, Ripple, a16z Crypto, and others are attending the stablecoin yield meeting. According to crypto journalist Eleanor Terrett, confirmed attendees for the third meeting on stablecoin yields include Paul Grewal, Chief Legal Officer of Coinbase; Stuart Alderoty, Chief Legal Officer of Ripple Labs; Miles Jennings, Policy Lead at a16z Crypto; and other banking representatives. Previously reported, the third meeting on stablecoin yields is scheduled for 9:00 AM Eastern Time (10:00 PM Beijing Time tonight) at the White House and will bring together a small group of representatives from the cryptocurrency and banking industries.

🇺🇸WHITE HOUSE PUSHES STABLECOIN DEAL AS BANKS AND CRYPTO GIANTS CLASH OVER YIELDS. The White House is hosting its third meeting on stablecoin yields after earlier talks failed to resolve tensions between traditional banks and crypto firms. Banks argue that yield-bearing stablecoins drain deposits from savings accounts, while crypto companies say yields are essential for innovation and competitive user returns. The debate is closely linked to the stalled CLARITY Act, a bipartisan bill designed to define digital asset regulations and split oversight between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). With firms like Coinbase, Ripple, and JPMorgan Chase involved, pressure is mounting to strike a compromise. Optimism is growing, with prediction markets like Polymarket showing rising odds that the bill could pass in 2026 amid election-year urgency. #whitehouse #CryptoCommunity