đš WHITE HOUSE EMERGENCY SUMMIT CALLED FOR DIGITAL ASSET MARKET CLARITY ACT!
The legislative deadlock is REAL. Stablecoin yield is the nuclear bomb dividing the Senate.
âą ABA is pushing hard to ban interest/rewards on stablecoin holdings.
âą Traditional banks fear capital flight from their savings accounts.
âą $COINBASE abruptly pulled support, angering the Administration.
âą $XRP believes a bad bill beats no bill at all.
The future of stablecoin utility hangs by a thread. Expect fireworks Monday.
#CryptoLegislation #StablecoinWars #DigitalAssets #WhiteHouseSummit đ„
