The text of the U.S. stablecoin yield proposal will be reviewed by banking and crypto industry groups from April 2 to April 3.

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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 version of the stablecoin yield agreement text from April 2 to 3. The document was jointly drafted by U.S. Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks. Currently, the plan is to limit the review scope to relevant parties and not make it publicly available. Last week, parties visiting Capitol Hill were permitted to read the document on-site but were not allowed to carry copies away. (Source: ChainCatcher)

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