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Banks Take Hard Line on Stablecoin Yields as White House Talks Stall
Feb 11, 2026
< 1 min read
by Wayne Jones
for CryptoPotato
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Banks and crypto executives held discussions at the White House regarding stablecoin rewards, but failed to reach an agreement before the March 1 deadline. The key issue is whether crypto firms can provide yield on dollar-pegged tokens without impacting traditional bank deposits.
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Banks and crypto executives met again at the White House this week to settle a dispute over stablecoin rewards, but the talks ended without agreement ahead of a March 1 deadline set by the administration.
The standoff centers on whether crypto firms can offer yield on dollar-pegged tokens without draining deposits from traditional banks.
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