‍White House Stablecoin Talks Extend Beyond March 1 Deadline

Negotiations between the White House and banking representatives on stablecoin yield arrangements are ongoing, with the March 1 deadline now clarified as flexible. Financial advocacy groups like the ABA, ICBA, and Bank Policy Institute are actively providing technical feedback on proposed regulations to White House official Patrick Witt.

The goal is to balance consumer protection with financial market stability, ensuring a robust framework for digital assets within the regulated US financial sector. The outcome will be crucial for dollar-backed tokens such as USDC and USDT.

https://cryptovka.com/news/white-house-stablecoin-talks-persist-as-march-1-deadline-softens