Crypto and banking industry representatives are set to review a revised stablecoin yield proposal crafted by Senators Thom Tillis and Angela Alsobrooks this week, as lawmakers attempt to break a months-long lobbying standoff over how — or whether — stablecoin issuers should be allowed to offer yield.

According to reporting from Politico, a small group of crypto firms and Wall Street institutions will privately review the updated legislative text over the next two days, with crypto companies expected to see the language as early as Thursday and banks on Friday. 

The process remains tightly controlled, with stakeholders permitted to view the draft only in restricted settings…

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