CLARITY Act Stablecoin Yield Rules Finalised: ‘Go Time’ For Crypto Bill
Summary
The US CLARITY Act is gaining legislative momentum after Senators Thom Tillis and Angela Alsobrooks finalized text regarding stablecoin yield, resolving a major conflict between banking and crypto interests. While the new rules prohibit payments solely for holding stablecoins, they permit rewards tied to legitimate network activity. Coinbase Chief Legal Officer Faryar Shirzad and other industry leaders are now pushing for an immediate committee markup, with Polymarket traders currently pricing in a 55% chance of the bill passing by 2026.
(Source:Cointelegraph)