White House to hold second meeting with banks, crypto firms on stablecoin yields

The White House is set to hold its next meeting with banking and crypto industry representatives to discuss stablecoin yields at 7:30 p.m. UTC today, Feb. 10. According to crypto journalist Eleanor Terrett, citing two sources familiar with the matter, attendees received an email from the White House the previous day. The email reportedly urged participants to come prepared with serious proposals and a willingness to compromise. Major banks including Goldman Sachs, JPMorgan, Bank of America, Wells Fargo, and Citi are expected to attend. Crypto industry participants reportedly include Coinbase, Andreessen Horowitz (a16z), and the Blockchain Association.