The stablecoin rewards fight is not really about one meeting.
It is about who controls the next customer dollar.
The White House says major U.S. banks refused to attend talks over the CLARITY Act’s stablecoin rewards issue.
Banks say the loophole could pull deposits out of the banking system.
Crypto firms say banks are trying to block competition.
Both sides know what is really at stake.
Deposits fund lending.
Stablecoins power digital payments.
Rewards shape customer behaviour.
And whoever controls the customer balance controls the next layer of finance.
That is why this fight has become so sharp.
The CLARITY Act is supposed to bring order to crypto markets.
But first, Congress has to decide whether digital dollars can compete with bank deposits.
The future of money is not just being built by code.
It is being negotiated in Washington.
#Crypto #Stablecoins #CLARITYAct #Banking #DigitalAssets #FinTech #Regulation #FOMODaily
