White House Convenes Second Crypto Working Session; Stablecoin Yield Dispute Remains Unresolved

The White House convened its second cryptocurrency working session on February 11, where the contentious stablecoin yield dispute remained unresolved, as reported by BlockBeats. This high-level meeting brought together key industry representatives, including Stuart Alderoty, General Counsel at Ripple, and Paul Grewal, Chief Legal Officer at Coinbase, both of whom indicated signs of compromise and reported progress during the deliberations. The U.S. government has set a target to conclude these critical discussions by the end of February, underscoring an expedited effort to establish regulatory clarity for stablecoin operations and associated yield mechanisms within the broader digital asset landscape.