Crypto industry organizations have countered with their own stablecoin principles, responding to Wall Street banks' stance on the legislation.

PANews reported on February 14th that, according to CoinDesk, the US Senate's crypto market structure bill is deadlocked due to disputes over stablecoin yield provisions. Banking representatives submitted a document titled "Prohibition of Yields and Interest" at a White House meeting this week, insisting on a complete ban on stablecoin yields, arguing that such yields would threaten the core position of banks' deposit business. The Chamber of Digital Commerce released a corresponding position paper on Friday, defending the provisions in the Senate Banking Committee draft that allow for rewards under certain circumstances. The organization stated that it is acceptable to the banking industry's proposal for a two-year study on the impact of stablecoins on deposits, provided it does not involve automatic rulemaking. Chamber of Digital Commerce CEO Cody Carbone stated that the industry is willing to give up the static holding yields closest to bank deposits, but should retain reward mechanisms related to customer transactions and on-chain activities, emphasizing that this is already a significant concession.

The White House has asked both sides to reach a compromise by the end of this month. Trump's crypto advisor, Patrick Witt, said talks may be scheduled again next week, adding that the issue of "idle yields" should be addressed "precisely" because it essentially falls under the scope of the already passed GENIUS Act.