Sen. Tillis aims to release draft resolving Clarity Act’s stablecoin yield dispute this week: report

By Danny Park

Sen. Tillis aims to release draft resolving Clarity Act’s stablecoin yield dispute this week: report

Senator Tillis aims to release a draft this week resolving the stablecoin yield dispute in the Clarity Act, according to a report. Banks have been strongly opposing crypto firms' ability to pay rewards on idle stablecoin balances. This move seeks to provide regulatory clarity on the contentious issue.

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