🚨UPDATE ON STABLECOIN YIELD FROM THE WHITE HOUSE REGARDING THE CLARITY BILL The meeting today was described as productive, but no agreement was reached. The change: banks have issued a written “prohibition principle” and for the first time acknowledged the possibility of limited exemptions for transaction-based rewards. This is a significant shift from previous positions. The core differences still remain:

🔹Cryptocurrencies want a broad definition of “permitted activities”
🔹Banks want these definitions to be more tightly restricted. The atmosphere is calming down. The smaller meeting room. Deeper negotiations. Next steps:
🔹Industry negotiations will continue in the coming days
🔹The White House is urging an agreement before March 1
🔹Senate bank staff are now directly involved HERE IS THE DEADLOCK FOR STABLECOIN.