Clarity Act Targets Late April Review Window, Stablecoin Yield Dispute May See Breakthrough
Svmuu News The core disagreement between the U.S. crypto and banking sectors over stablecoin yield mechanisms may be nearing resolution. According to multiple sources familiar with the matter, both sides have initiated a new round of communication regarding the latest compromise proposal. Although details have not been disclosed, overall expectations are trending optimistic. A draft previously promoted by U.S. senators had sparked industry dissatisfaction, with institutions including Coinbase and Stripe expressing concerns. The market-watched Clarity Act is expected to enter the committee review stage in late April. If the yield issue is alleviated, the legislative focus will shift to remaining topics such as DeFi, tokenization, and token classification. Additionally, a White House research report on stablecoin yields and their impact on the banking system remains unpublished. It is reported that the study's conclusions are generally supportive of the crypto industry, but the reason for the delayed release is unclear. (Cryptoinamerica)
Source:Odaily · Source Link
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