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#我在Gate广场过新年
The White House stablecoin yield discussion meeting focuses on one core issue: who should rightfully receive the yields from stablecoins?
Banks worry about deposit withdrawals, while the crypto industry seeks innovative breakthroughs. The latest White House draft provides an answer — passive yields from "similar to deposits" must be prohibited, but rewards based on on-chain activity can be retained. This is not a compromise but the establishment of boundaries. The $500,000 daily penalty clause may seem strict, but it paves the way for compliance. The banking sector has maintained its deposit protection line, and the crypto industry has gained clear rules. With March 1st approaching, the market is ready to embrace a structured future for digital assets.