Senator Tim Scott (R-SC), chair of the Senate Banking Committee, is expected to offer a compromise on the issue of stablecoin yield, a key issue that has been delaying the Senate's crypto market structure bill for months. The bill would enshrine the legality of most crypto activity in federal law, safeguarding the industry from the possibility of another administration. It would also allow companies to create and sell blockchain-based tokens to retail customers in the US. However, the banking lobby has demanded that stablecoin programs be banned due to their potential impact on low-yield bank savings accounts. The White House plans to announce an update on this issue as soon as tomorrow. Many crypto leaders and lawmakers agree the window to pass the legislation is rapidly dwindling as Congress prepares to halt before the 2026 midterms.