Stablecoin yield text now looks unlikely to arrive this week
cryptocrypto-regulationpoliticsus-legislation 1 posts · 1 accounts
Sen. Thom Tillis said stablecoin yield text is now likely to slip past this week as lawmakers wait for markup timing, delaying the fight over whether affiliates or third parties can offer yield-like rewards on stablecoin balances.
From the sources (1 posts)
@eleanorterrett🚨NEW: Per @politico, Senator @SenThomTillis says stablecoin yield text now likely not to come this week due to wanting clarity on the timing of a markup before putting text out, which tracks with my Wednesday reporting. The idea, it appea