David Sacks: Crypto Industry Has Made Significant Strides in Stablecoin Yields, Banks Should Respond Accordingly

BlockBeats News, February 28th, White House Crypto and AI czar David Sacks stated, “White House Crypto Council Executive Director Patrick Witt has done an outstanding job mediating between the banking and crypto industries. No one has worked harder than him to drive the passage of crypto market structure legislation. By the way, the crypto industry has already made significant concessions on stablecoin yields, and now it’s time for banks to respond in kind.”