Crypto group counters Wall Street bankers with its own stablecoin principles for bill

Crypto group counters Wall Street bankers with its own stablecoin principles for bill

After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards.

Banks don't want fair competition, stablecoin yield fight proves this

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Latest Crypto group counters Wall Street bankers with its own stablecoin principles for bill in

Bitcoin After the bankers shared a document at the White House demanding a total ban on stablecoin yield, the crypto side answers that it needs some stablecoin rewards. Updated Feb 14, 2026, 4:02 a.m. Published Feb 13, 2026, 7:25 p.m. The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding the line on needing some forms of rewards for stablecoin users. A White…

Crypto Advocates Launch Stablecoin Principles to Counter Wall Street in Key U.S. Senate Bill Fight

Crypto Advocates Launch to Counter Wall Street in Key U.S. Senate Bill Fight A major clash is brewing in Washington over how stablecoins should work in the U.S. economy. Wall Street banks want to block all rewards or yields on stablecoins. But crypto groups are pushing back hard with their own set of rules. This fight is holding up a big Senate bill on crypto markets. The Sticking Point: Stablecoin Yields and Rewards Stablecoins are digital doll…

Banks vs Crypto: Stablecoin Yield Fight Enters Final Stretch

Key Takeaways Stablecoin yields are the main obstacle delaying the CLARITY Act. Patrick Witt says yields are not a systemic threat and banks can compete. He supports a narrow fix targeting “idle yield,” not a full ban. Banks want yields prohibited; crypto firms propose a compromise model. The White House wants a deal by end of February 2026 before the midterm window closes. As Executive Director of the President’s Council of Advisors for Digita…

Would stablecoin rewards ban actually help Coinbase?

Coinbase head Brian Armstrong said a ban on stablecoin rewards would “ironically” make the company more profitable. He even argues that the policy would harm customers. This comes in when the crypto market is dealing with increased selling pressure and sentiments dipping in “Extreme Fear.” In a recent post, Armstrong wrote that if a crypto rewards ban became law, Coinbase would benefit financially. This is because the exchange currently pays out…