A new legislative framework on crypto market structure is setting up major tensions around stablecoin reward mechanisms. The bill under discussion at the banking committee level proposes significant changes to how digital assets operate within regulated markets. The core dispute centers on stablecoin incentive structures—specifically whether platforms should be permitted to offer rewards tied to stablecoin holdings and transactions. This showdown reflects deeper disagreements between regulators who want stricter oversight of stablecoin ecosystems and industry stakeholders pushing for more flexible market mechanics. The outcome of this legislative battle will likely reshape how stablecoins function across major trading venues and payment systems. Market participants are closely monitoring which provisions make it into the final bill, as restrictions on stablecoin rewards could significantly impact yield strategies and user adoption patterns in the DeFi space.