The proposal text for U.S. stablecoin yields will be reviewed by a group from the banking and cryptocurrency industries from April 2 to 3

According to Politico, three informed sources revealed that cryptocurrency companies and Wall Street firms will review the new stablecoin yield agreement text from April 2 to 3, which was jointly drafted by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks.

Currently, the plan is to limit the review of the text to relevant parties and not to make it publicly available on a broader scale. Last week, parties visiting Capitol Hill were allowed to read the text on-site but were not permitted to take copies out.