Stablecoin yield controversy could derail crypto bill, advocates urge to let it die

Industry leaders express concern as lawmakers show openness to restricting stablecoin yields during the upcoming markup.

Novogratz condemned Congress for favoring bank interests over consumer benefits related to stablecoin regulations.

With a critical vote approaching on January 15, 2026, the crypto bill’s future hinges on bipartisan support amid contentious issues.

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