Banks Stall White House Stablecoin Talks Over Reward Limits
February 11, 2026·14 days ago·via The Block
A White House session on stablecoin policy ends in deadlock as major banks demand tight restrictions on rewards for stablecoin holdings, prioritizing their lending dominance over innovation. This comes after President Trump signed the GENIUS Act into law, creating the first U.S. regulatory framework for payment stablecoins to keep America ahead in digital assets and protect the dollar's global edge.
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