There are recent reports that the U.S. Senate Banking Committee has recently engaged in a series of discussions with crypto industry figures. What is the main topic? Traditional financial institutions are interested in modifying regulations related to the "returns" of stablecoins.

This demand is now gaining increasing support in negotiations between both parties on the Market Structure Act. Key figures such as Senator Angela Alsobrooks are also pushing for this matter.

From a different perspective, this reflects several signals: first, Wall Street's influence on cryptocurrency policy is on the rise; second, stablecoins, as the infrastructure of the DeFi ecosystem, are becoming a new focus of regulation; third, discussions around stablecoin yield mechanisms could impact the future operational models of DeFi platforms.

For exchanges and project teams, such policy developments are worth continuous attention. As one of the largest crypto markets in the world, any adjustments to the U.S. regulatory framework could trigger a chain reaction.