The U.S. 'Clarity Act' has reached a compromise regarding stablecoin yields, allowing crypto companies to offer rewards related to stablecoin usage while prohibiting interest payments on idle stablecoin balances. This decision prevents stablecoins from being used like bank deposits or high-yield savings products. The development paves the way for the bill to be reviewed by the Senate Banking Committee, with discussions potentially occurring in mid-May.
U.S. 'Clarity Act' Reaches Compromise on Stablecoin Yields
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