Updated Senate Banking Committee bill tackles stablecoin rewards, DeFi but sidesteps Trump’s crypto conflicts of interest
theblock.co·May 12, 2026
The updated legislative text addresses ongoing discussions about stablecoin rewards and includes provisions to protect software developers.
The updated legislative text addressing stablecoin rewards and protections for software developers could signal regulatory clarity that may spur innovation and investment in the DeFi and stablecoin sectors. Consider monitoring these developments as they could impact fintech strategies and the landscape of decentralized financial applications.