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The draft proposal for U.S. stablecoin yields will be reviewed by banking and crypto industry groups from April 2 to 3.
ME News announcement. On April 2 (UTC+8), three insiders said that a cryptocurrency company and a Wall Street firm will review the revised 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. At present, the plan is to limit the scope of the text review to the relevant parties and not make it more widely public. Last week, the parties that visited Capitol Hill were allowed to read the text on-site, but they were not allowed to take copies out of the room. (Source: ChainCatcher)