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White House to Hold Third Meeting Tomorrow to Discuss Stablecoin Revenue… Industry and Banks to Attend

Source
YM Lee

Summary

  • The White House said it will hold a third meeting related to stablecoin revenue structures.
  • A small number of participants representing the digital-asset industry and the banking sector are expected to attend.
  • It said stablecoins’ interest-payment structures and reserve management have emerged as key issues due to intertwined interests with traditional finance.
Photo=Adam McCullough/Shutterstock
Photo=Adam McCullough/Shutterstock

The White House will hold a third meeting related to stablecoin revenue structures.

On the 19th (local time), Eleanor Terrett, host of Crypto in America, said on X that “the White House is scheduled to hold a meeting on stablecoin revenue at 9 a.m. ET on the 20th.” A small number of attendees representing the digital-asset industry and the banking sector are expected to participate.

As the U.S. Congress continues discussions over stablecoin regulatory legislation, the administration appears to be working in parallel to coordinate policy at the executive-branch level. Stablecoins’ interest-payment structures and the management of reserves have emerged as key issues, given intertwined interests with traditional finance.

Specific attendee lists and agenda items were not disclosed.

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YM Lee

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