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David Sacks: The crypto industry has already made concessions on stablecoin yields, banks should respond

David Sacks: The crypto industry has already made concessions on stablecoin yields, banks should respond

AIcoinAIcoin2026/02/28 01:01
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White House AI and crypto chief David Sacks stated that Patrick Witt has performed excellently in facilitating a compromise between banks and the crypto industry, making tremendous efforts to advance the implementation of market structure legislation. Sacks pointed out that the crypto industry has already made significant concessions regarding stablecoin yields, and banks should respond accordingly.
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