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The text of the U.S. stablecoin yield proposal will be reviewed by banking and crypto industry groups from April 2 to 3.
ME News Report, April 2 (UTC+8), three sources familiar with the matter revealed that cryptocurrency companies and Wall Street firms will review the new stablecoin yield agreement text from April 2 to 3. The text was jointly drafted by U.S. Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks. Currently, the review scope is limited to relevant parties and will not be publicly disclosed more broadly. Last week, parties visiting Capitol Hill were permitted to read the document on-site but were not allowed to carry copies away. (Source: ChainCatcher)