Five major U.S. banking trade groups, including the American Bankers Association and the Bank Policy Institute, are campaigning against the CLARITY Act's stablecoin compromise. Despite months of negotiations, these groups argue that the compromise, which restricts yield on stablecoins, contains loopholes that could drain 20% of capital from consumer and business loans. They have launched a $2.5 million media campaign and plan a Capitol Hill fly-in to influence Senate amendments. The banking coalition's opposition centers on Section 404 of the CLARITY Act, which they claim allows digital asset exchanges to offer rewards that mimic interest. This has sparked a confrontation with the crypto industry, which sees the act as crucial for unlocking $1 trillion in institutional inflows. The White House and key senators, including Thom Tillis, support the bill, emphasizing the need for regulatory clarity to prevent capital flight overseas.