US Senators Finalize Stablecoin Yield Deal to Advance CLARITY Act

U.S. Senators Thom Tillis and Angela Alsobrooks have confirmed that a long-debated compromise on stablecoin yield rules is now final, despite ongoing opposition from major banking groups. The agreement, part of the broader CLARITY Act, aims to move forward long-stalled crypto market structure legislation and bring regulatory clarity to the digital asset industry. In a joint statement released on May 5, the senators emphasized that the deal reflects months of bipartisan negotiations designed to balance innovation in crypto with financial stability concerns. A key provision in the compromise…  Read more

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