Negotiations on U.S. stablecoin legislation are reportedly nearing consensus on the issue of stablecoin yields, as discussed at the DC Blockchain Summit. Senator Tim Scott, Chair of the Senate Banking Committee, is expected to address the timeline for the next markup of the bill. Industry insiders suggest the regulatory framework may prohibit yielding returns on idle stablecoin balances but allow rewards tied to transaction activity. Key legislative figures, Thom Tillis and Angela Alsobrooks, are focused on addressing banking industry concerns about funds moving from deposit accounts to high-yield crypto products. Once these senators are satisfied with the bill's language, the stablecoin yield dispute is expected to be resolved, allowing regulatory attention to shift towards DeFi and token classification issues.