Why did Trump have a private meeting with Coinbase CEO on Tuesday? Politico revealed that Trump and Coinbase CEO Armstrong had a private meeting on Tuesday, but neither side has disclosed the content of their discussion. Why would Trump meet with the Coinbase CEO at this time? The CLARITY Act is currently at the most critical stage of debate in Congress. The core controversy of the bill lies in: Newly issued tokens are by default classified as securities under SEC jurisdiction. Project teams must prove to the SEC that they are "sufficiently decentralized" to be reclassified as commodities under CFTC jurisdiction. Cardano founder Hoskinson openly criticized: "If it starts as a security, what stops the SEC from treating it as a security forever? DeFi, prediction markets, and yield-bearing stablecoins are all absent from the bill, leaving huge room for future rule-making, which could be weaponized at any time." Former White House crypto advisor Bo Hines recently revealed that the bill has an 80%-90% chance of passing. Armstrong is focused on one key issue—can stablecoins pay interest? The banking industry is pushing for a complete ban on stablecoin rewards, while Coinbase only agrees to ban interest on balances. This line, once drawn, will directly determine whether Coinbase's next core product can legally exist. Because the early version of the bill explicitly prohibited stablecoins from paying interest, Coinbase once withdrew its support for the bill. Will this meeting change anything? The bigger question isn’t what Armstrong can negotiate, but whether Coinbase will stop resisting and resume backing the CLARITY Act after Armstrong leaves the White House—trading support for goodwill in other policy areas. After all, the cost of going against the President is often higher than the cost of compromise.