White House to Host Second Meeting on Stablecoin Yield Tuesday

From cryptoinamerica.com

The White House has scheduled a second meeting Tuesday afternoon with representatives from the crypto and banking industries, in an effort to broker an agreement on payment of stablecoin yield by crypto firms, three sources familiar with the plans tell Crypto In America. Similar to last week’s initial meeting, the second gathering will not include company CEOs. However, senior policy staff from individual banks will be present. Sources familiar with the plans say invitations have already gone out to some of the major banks, including Bank of America, JPMorgan and Wells Fargo, and could also include PNC, Citi, and ... (full story)