Banks, crypto firms battle over stablecoin yield

Banks, crypto firms battle over stablecoin yield

A compromise from two senators is reigniting debate over how far a ban on rewards for stablecoin holdings should extend.

CLARITY Act divides US banks on Stablecoin Rewardspos

Key Insights Crypto journalist Eleanor Terrett claims US banks are divided on whether to accept the stablecoin yield compromise. US lawmakers have made a compromise on stablecoin rewards in the CLARITY Act that crypto stakeholders find acceptable. Crypto firms are pushing for the passage of the CLARITY Act, with odds now at 65%. Crypto journalist Eleanor Terrett has disclosed potential conflict among US banks on stablecoin rewards in the CLARIT…

Clarity Act Faces Bank Rift as Stablecoin Rules Advance

U.S. lawmakers are advancing the Clarity Act despite renewed disputes over stablecoin yield provisions and industry alignment. Banks remain divided, and lawmakers continue refining the bill while targeting approval timelines in mid-2026. Market sentiment stays firm, although political risks and regulatory differences continue shaping the debate. Banks Clash Over Stablecoin Yield Provisions Large U.S. banks are raising objections to revised stabl…

Stablecoin Yield Rules Gain Bipartisan Support in U.S. Senate

U.S. crypto regulation has moved back into the spotlight after senators reached a bipartisan compromise on stablecoin yield rules, a long-debated issue that had slowed progress on the CLARITY Act. The deal tries to draw a firm line between bank-style interest and crypto platform rewards, giving lawmakers a possible path forward while keeping both banks and digital asset firms at the table. The agreement was led by Senators Thom Tillis and Angela…