US Stablecoin Legislation Negotiations Close to Consensus, Stablecoin Yield Issue Remains Key Breakthrough

SmartContractAuditor

2026-03-16 13:46:10

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Odaily Planet Daily reports that during the DC Blockchain Summit hosted by The Digital Chamber, several U.S. Congress members and industry professionals will discuss the progress of stablecoin legislation. Tim Scott (Chair of the Senate Banking Committee) is expected to be asked about the timeline for the next markup of the relevant bill. Industry insiders reveal that negotiations around stablecoin “yield” issues are close to reaching a consensus. Cody Carbone stated that the regulatory plan might include prohibiting earning on idle stablecoin balances but allowing reward mechanisms based on trading activity. Relevant parties are expected to reach a solution within the next week.

Additionally, Thom Tillis and Angela Alsobrooks are seen as key legislative advocates, expressing concern over the banking sector’s worries about funds moving from deposit accounts to high-yield crypto products. Industry insiders believe that once these two lawmakers are satisfied with the bill text, the dispute over stablecoin yields is likely to be largely resolved, and regulatory focus will then shift to DeFi and token classification issues. (Cryptoinamerica)

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