**[White House Holds Third Round of Closed-Door Meetings on Stablecoins, Crypto Executives Say "Further Progress to Come"]** Odaily Planet Daily News: The White House held its third round of closed-door meetings on Thursday, inviting representatives from the crypto industry and banking groups to discuss the reward mechanisms for stablecoins. The meeting lasted several hours and was described by attendees as a "constructive dialogue," though no final compromise was reached. Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting further advanced the framework based on previous discussions, aiming to enhance U.S. competitiveness while protecting consumers. Coinbase Chief Legal Officer Paul Grewal also described the discussions as "collaborative and constructive in tone," hinting that further negotiations are expected. The reward mechanism for holding stablecoins remains a key point of contention in the current crypto market structure legislation. Sources revealed that the White House proposed several principled solutions, allowing companies to offer rewards based on specific activities or account balances, though the banking sector remains cautious. It is yet to be determined whether a next round of meetings will be held. Participating organizations included Ripple, Blockchain Association, Crypto Council for Innovation, and several major banking associations.