The White House is set to host a meeting on Monday with senior policy executives from the cryptocurrency and banking sectors to discuss stablecoin yield. Notably, this meeting will not include C-suite executives such as Coinbase CEO Brian Armstrong or major bank CEOs. Instead, participants will include Kara Calvert, Coinbase’s Head of U.S. Policy, and representatives from crypto trade groups like the Blockchain Association, Digital Chamber, and Crypto Council.
Banking interests will be represented by the American Bankers Association and the Independent Community Bankers of America. According to a source familiar with the event, the meeting is designed as a working session to facilitate open discussion rather than confrontational debate. This gathering is expected to be the first in a series of conversations aimed at addressing issues related to stablecoin yields.
The meeting underscores ongoing collaboration between policymakers and industry groups. They explore implications for stablecoins, yields, and potential regulatory pathways.
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