Some cryptocurrency firms are proposing new compromises to banks in an effort to ease disputes over stablecoin regulation, according to a Bloomberg report. Despite the fresh proposals, talks have not yet produced an agreement.
Concerns around U.S. crypto market structure legislation have intensified after a White House meeting earlier this week failed to resolve disagreements over whether stablecoins should offer yield or rewards.
The meeting included industry groups, crypto exchanges, and Wall Street banks but ended without progress. While not all crypto firms are offering concessions, some have suggested expanding banks’ roles in the stablecoin ecosystem.
Proposals discussed inсlude bank-issued stablecoins through partnerships, banks holding stablecoin reserves, and requiring issuers to place a portion of tokens with community banks, sources said.
Mike Cahill, CEO of Douro Labs, said recent legislative momentum shows growing recognition that crypto markets need clearer regulation, even if major issues remain unresolved.
