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Crypto Reporter: Stablecoin Returns Take Center Stage at the American State Bankers Association Conference
Svmuu News: A Fox Business crypto reporter posted on X that, according to a banking source familiar with the relevant meetings, coordination with senators regarding stablecoin yields has become a key topic at state banking association meetings across the United States. This communication comes as discussions on Capitol Hill have shifted from the yield issue to reaching a compromise, bridging differences between the text proposed by the Banking Committee and the Agriculture Committee, and determining how the bill will address DeFi ahead of a potential full Senate vote. However, the source noted that as senators outside the relevant committees gain a better understanding of the legislation, the yield issue remains “very much under discussion.” It remains to be seen whether stablecoin yields will once again become a decisive issue when the bill reaches the Senate floor for a vote.
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