Crypto companies dey offer park stablecoin reserves for community banks make dem fit clear US regulatory deadlock

Crypto companies don propose say make dem route stablecoin reserves through community banks and make rules soft for those banks to issue dollar‑pegged tokens to try unblock one US market-structure bill wey don jam. New proposals Bloomberg report include say issuers must keep part of reserves with community lenders, give community banks bigger role for minting stablecoins, and allow easier bank access to minting — measures wey dem intend to tackle deposit‑flight worry. Analysts dey warn say stablecoins fit drain plenty deposits (one estimate talk as much as $500bn by 2028) while digital‑dollar supply don grow about 40% year‑over‑year. Industry opinions split: some crypto firms no want make exchanges (e.g., Coinbase) pay rewards on stablecoin balances, something banks say go siphon deposits. White House meeting between crypto and banking groups end without agreement. Senate Banking Committee Chair Tim Scott signal say him dey open to compromises wey go allow crypto rewards provided firms no dey present themselves as banks and protections for consumers and community banks remain. House clear the bill last year, but Senate progress don stall until negotiators reconcile competing versions and get wider bipartisan support.