Catenaa, Monday, February 09, 2026- Some crypto companies have proposed concessions to U.S. banks to resolve disputes over stablecoins, as stalled legislation raises concerns about the future of the crypto market, according to a Bloomberg report.
The proposals aim to give banks a larger role in the stablecoin ecosystem, including holding reserves and issuing bank-backed tokens, sources familiar with the discussions said.
The White House has not settled the debate over stablecoin “yield versus rewards,” leaving industry groups, exchanges, and Wall Street banks without a resolution after a Monday meeting.
While not all crypto firms are offering concessions, some are pushing for partnerships that would allow community banks to retain portions of stablecoin reserves, creating potential revenue streams while addressing fears of disintermediation.
Recent proposals signal efforts to advance stalled market structure legislation and reduce regulatory ambiguity. Officials and crypto insiders say these initiatives reflect momentum toward formalizing crypto as a permanent component of the financial system.
Senator Tim Scott, chairman of the Senate Banking Committee, said compromises between crypto firms and banks could maintain U.S. leadership in innovation while protecting consumers and community banks.
Senate Democrats are planning a closed-door meeting to discuss crypto market structure, marking the first member-level session since the committee postponed its markup last month.
Sources described the session as productive, with Senate Majority Leader Chuck Schumer urging continued engagement with industry stakeholders to advance the bill.
Despite renewed efforts, no final agreement has been reached, leaving uncertainty over when the legislation might move forward and how stablecoin regulations will be implemented.
