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Banks Stall White House Stablecoin Talks Over Reward Limits

February 11, 2026·about 1 month ago·via The Block
Banks Stall White House Stablecoin Talks Over Reward Limits
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. Read more about this...

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