`We've Got It.' Officials Say Deal on Stablecoin Rewards is Close

Also, Peirce says tokenization exemption is coming; Powell won't leave Fed until probe is resolved; FSOC to propose designation changes

After weeks of negotiations to break the logjam over stablecoin interest payments that is holding up the Senate’s market structure bill, optimism is rising that a deal acceptable to both banks and digital asset companies is close at hand.

“I am very hopeful that we are on the cusp of delivering a durable compromise,” Patrick Witt, executive director of t…