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The Clarity Act is expected to enter key review in late April, and the controversy over stablecoin yields may be close to resolution.
Golden Finance reports that a core disagreement between the U.S. crypto and banking industries over the stablecoin yield mechanism is close to being resolved. According to multiple insiders, the two sides have begun a new round of talks regarding the latest compromise proposal. Although the details have not been disclosed yet, overall expectations are trending more positive. An earlier draft pushed forward by U.S. senators had drawn industry dissatisfaction, with institutions including Coinbase and Stripe also expressing concerns. The market-watched “Clarity Act” is expected to enter the committee review stage in late April; if the yield issue is addressed, the legislative focus will shift to remaining topics such as DeFi, tokenization, and token classification. In addition, a White House research report on stablecoin yields and their impact on the banking system has still not been released; it is said that the report’s overall conclusions lean in favor of the crypto industry, but the reason for the delay has not been made clear.