The draft proposal for U.S. stablecoin yields will be reviewed by banking and crypto industry groups from April 2 to 3.

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ME News message, April 2 (UTC+8). Three people with knowledge of the matter said that a cryptocurrency company and a Wall Street firm will review the revised stablecoin yield agreement text on April 2 to 3. The text was co-drafted by U.S. Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks. At present, the plan is to limit the text review scope to the relevant parties and not make it broadly 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 when leaving. (Source: ChainCatcher)

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