Stablecoin Yield Debate Heats Up, but March 1 Deadline Not ‘Do or Die’
The post Stablecoin Yield Debate Heats Up, but March 1 Deadline Not ‘Do or Die’ appeared on BitcoinEthereumNews.com.
The fight over stablecoin yield under the CLARITY Act is getting worse, but despite the noise, negotiations are far from over. Both crypto and banking groups are still actively negotiating over whether stablecoins should be allowed to generate yields. Although the White House hoped for a deal before March, insiders now say an agreement is unlikely in the immediate term. CLARITY Act Negotiations Continue According to an X post shared by Fox Business journalist Eleanor Terrett, the CLARITY Act negotiations between the crypto and banking leaders remain ongoing. Despite public tensions, talks have not collapsed, and discussions continue behind the scenes, with both sides still reviewing and revising draft language around stablecoin yield. Terrett pushed back against circulating reports and rumors suggesting the stablecoin yield talks in the crypto bill were collapsing. Unnamed sources claiming to have participated in last week’s White House market structure bill meeting argued that the talks were close to falling apart. However, Terrett posited that representatives from the American Bankers Association, the Independent Community Bankers of America, and the Bank Policy Institute, all of whom attended last week’s White House meeting, were surprised by that comment. She stated, “I shared the post and the Crypto Twitter reaction with a banking-side source who has direct knowledge of the negotiations. They said the bank trade representatives (from Independent Community Bankers of America, and the Bank Policy Institute) who attended last week’s White House meeting were perplexed by the characterization, do not share the unnamed source’s views and have already relayed that to the White House.” Further, she dismissed claims that the negotiations had taken a “nihilistic” turn. She added that both sides are still actively exchanging draft language and providing input on the bill’s text. This indicates that the talks around the market structure bill are significantly…
Filed under: News - @ February 28, 2026 6:15 am