Stablecoin-related disputes are currently delaying a vital crypto market-structure bill. Firms in the crypto industry are trying to negotiate compromises with banks regarding the management of stablecoin reserves.
The proposals suggest that community banks could manage a portion of stablecoin reserves and have the ability to issue stablecoins through partnerships. This step aims to address concerns about potential deposit outflows.
Despite ongoing discussions, no agreement has been reached among the involved parties.
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