Clarity Act deadlock fails to stop Stablecoins smashing past $320B and yield-bearing tokens surge past market
CryptoSlate
Stablecoin supply reached a record $320 billion as utility increases and yield-bearing tokens outpace the broader market despite legislative delays in Washington.Summary
The stablecoin market has reached a record $320 billion in supply, shifting from simple trading tools to essential financial infrastructure for payments and savings. While growth is driven by major issuers like Tether and Circle on networks like Ethereum and Tron, a new segment of yield-bearing tokens is expanding 15 times faster than the broader market. This expansion persists despite the legislative stalemate surrounding the CLARITY Act, which remains stuck in the Senate due to intense debates over whether issuers should be permitted to share reserve-generated income with users.
(Source：CryptoSlate)