Senate CLARITY Act Targets Stablecoin Yield, Preserves Usage Rewards
The Senate’s latest CLARITY Act Update: Senate Makes Big Decision on Stablecoin Yield Rewards draft tightens U.S. stablecoin yield rules, restricting passive rewards while preserving activity-based crypto incentives. That’s a partial win for the industry, a partial loss for the banks, and a reminder that Washington’s favorite hobby is turning simple things into legal abstractions. […]
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