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BSCN·2026-02-20 03:58
🚨BREAKING: WHITE HOUSE MOVES TO KILL STABLECOIN YIELD REWARDSDraft text presented at the Feb. 19 stablecoin yield meeting narrows the scope of rewards, according to journalist @EleanorTerrett.Today’s meeting included reps from @Coinbase, @Ripple, a16z, and major trade groups.No individual banks attended; banking voices came through associations.Sources say the White House, not industry, drove the discussion.Yield on idle stablecoin balances “effectively off the table,” according to sources cited by Eleanor ...