ICBA attends another White House meeting on digital asset market structure priorities
February 11, 2026 / By ICBA
ICBA attended a second White House meeting focused on the debate over pending digital assets market structure legislation.
Details: At the meeting, which was also attended by digital assets industry representatives, ICBA and other banking groups reiterated the importance of explicitly barring crypto exchanges, affiliates, and other intermediaries from paying interest, yield, or rewards on payment stablecoin holdings.
Joint News Release: In a joint statement following the meeting, the groups said the market structure framework must not undermine safety and soundness or put bank deposits and lending at risk.
Prior Meeting: ICBA met last week with administration officials and digital assets industry representatives at the White House to discuss the legislation and banking industry concerns.
Real-World Data: A recently released ICBA data analysis shows allowing crypto intermediaries to pay interest or yield on payment stablecoin holdings could reduce community bank lending by $850 billion due to a $1.3 trillion reduction in the industry’s deposits.
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