X @Wu Blockchain
Wu Blockchain·2026-05-01 23:00
Deal reached on stablecoin yield provision, clearing path for US crypto billAccording to Bloomberg, a deal has been reached on a key stablecoin yield provision that had stalled US crypto legislation. The dispute centered on whether exchanges should be allowed to offer rewards to customers for holding stablecoins, with banks pushing for a ban on such rewards over concerns they could lead to deposit flight from traditional banks. The agreement preserves the ability for users to earn rewards with added restric ...