White House Crypto-Bank Meeting Ends Without Deal
February 12, 2026·13 days ago·via Bitcoinist.com
The White House hosted its second roundtable on February 10 between major banks like JPMorgan, Bank of America, and Wells Fargo and crypto leaders from Coinbase, Circle, and Tether, but no agreement emerged on key stablecoin issues. Banks fiercely resist yield-bearing stablecoins, fearing massive deposit outflows that could cripple local lending and economic stability, while crypto firms push for innovation without heavy-handed rules.
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