The White House has expressed support for a market structure bill that would allow limited stablecoin rewards, provided they do not threaten traditional banking deposits. This was discussed during the third meeting with representatives from the banking and cryptocurrency sectors. Bank representatives are actively involved in drafting the language of the bill, and the White House plans to distribute the latest draft to all parties involved. The focus of the discussions is on Section 404 of the bill, which addresses stablecoin rewards and proposes amendments to last year's GENIUS Act. However, the bill faces disagreements, including demands from Democrats to prohibit senior officials from engaging in the crypto industry and to fill Democratic vacancies at the CFTC and SEC.