Eleanor Terrett and poet.base.eth say stablecoin yield and rewards are the biggest holdup in the Clarity Act but may be moving toward compromise, with attention shifting to a Senate Banking Committee markup expected in late April.
The White House and senators have reached a tentative agreement to resolve the stablecoin yield debate
Key US Senators strike an agreement with the White House on stablecoin yield
SENATORS AND WHITE HOUSE REACH AGREEMENT IN PRINCIPLE ON STABLECOIN YIELD
We’re 99% of the way there on stablecoin yield
We must unleash the yield, safely.
Rumors are circulating that a tentative deal has been struck between the White House and US lawmakers on stablecoin yield
CLARITY ACT GETS BREAKTHROUGH AS SENATORS REACH DEAL ON STABLECOIN YIELD
agreed in principle on stablecoin-yield language
New details are emerging about the latest legislative text outlining a compromise on stablecoin yield and rewards
Say goodbye to Uniswap as you know it.
They are outright banning passive stablecoin yield.
proposes “ banning yields on stablecoins like USDC.”
No stablecoin yield in the deal means only stablecoins that are fully compliant under the GENIUS Act will succeed.
yield on passive stablecoin balances was a nonstarter from the beginning
The latest draft of the CLARITY Act shows both sides backing a compromise on stablecoin yield rules.
The deal allows rewards tied to stablecoin activity, and bans earning yield just for holding balances.
the latest legislative text outlining a compromise on stablecoin yield and rewards
CLARITY ACT DRAFT BARS STABLECOIN YIELD ON BALANCES
Crypto and Bank Reps Head to Capitol Hill to Review Stablecoin Deal as Details Remain Under Wraps
Some crypto industry leaders will meet with @BankingGOP today
Crypto Leaders Split Over Stablecoin Yield Deal as Industry Backlash Builds
bipartisan compromise needed for Clarity Act to pass
working to protect stablecoin rewards
COINBASE YET AGAIN REJECTS SENATE STABLECOIN YIELD COMPROMISE
COINBASE REJECTS LATEST SENATE STABLECOIN YIELD COMPROMISE
cannot support the newest CLARITY Act language on stablecoin yields
Coinbase tells Senate offices it cannot support the latest stablecoin yield compromise
plans to publicly release legislative text next week detailing stablecoin yield/rewards provisions
Stablecoin yield has dominated media coverage of the CLARITY Act.
Coinbase told Senate officials this week that it "COULD NOT" support the latest version of a Stablecoin Yield Compromise.
Crypto stocks didn’t drop because of poor sentiment, audits, or profit-taking. They dropped because Washington just aimed directly at one of crypto’s biggest profit engines: stablecoin yield.
UPDATE: ⚡ Coinbase is reportedly opposing the stablecoin yield limits in the Senate’s latest CLARITY Act draft, per Punchbowl News.
🏛 #CLARITY UPDATE: Coinbase told Senate officials this week that it "COULD NOT" support the latest version of a Stablecoin Yield Compromise.
🇺🇸 UPDATE: A staffer for Thom Tillis says draft legislation on stablecoin yield provisions will be released next week as Coinbase and other industry leaders prepare a coordinated counterproposal.
Stablecoin yield dispute -- finally seeing alignment.
CLARITY ACT ENTERS FINAL NEGOTIATIONS: LUMMIS CONFIRMS "STRONGEST" DEVELOPER PROTECTIONS
The latest on the CLARITY Act has opened discussions on stablecoin yield.
The stablecoin yield bill text will not be released this week as planned over fears it could give opponents an opening to stall the bill before Senate markup, per Eleanor Terrett.
Stablecoin yield text for the Clarity Act no longer expected this week, markup now pushed to back half of April, per Tillis office.
the text is no longer expected to be released
The stablecoin yield bill text will not be released this week as planned
Stablecoin yield text for the Clarity Act no longer expected this week
CLARITY ACT MOMENTUM AT RISK AS STABLECOIN YIELD TEXT FACES DELAY
Paul Grewal of Coinbase said on April 1st a compromise between the Banks and the Crypto industry regarding stablecoin yield could come in 48 hours.
COINBASE CEO BRIAN ARMSTRONG JUST SAID THAT THE BITCOIN AND CRYPTO MARKET STRUCTURE BILL DEAL IS ONLY HOURS AWAY FROM BEING MADE.
Anyone else stopped using Coinbase after they suppressed $XRP by not allowing the Clarity Act to pass?
JUST IN: ⚡️ Coinbase says the Bitcoin and crypto market structure deal could be finalized within hours.
COINBASE SAYS CLARITY ACT STABLECOIN REWARD DEAL COULD BE FINALIZED WITHIN 48 HOURS
CLO of Coinbase - Paul Grewal posted this on X: “It's gonna be a good day.”
Stakeholders Mum on Yield Details as Late-April Markup Expectations Build
Sounds like the Clarity Act’s biggest holdup, stablecoin yield/rewards, may finally be moving toward a workable compromise.
Now the focus shifts to a Senate Banking Committee markup, which many expect in late April.
Industry sources say banks and crypto reps reviewed the new stablecoin compromise and are hopeful a workable deal has been reached
CLARITY ACT UPDATE: Industry sources say banks and crypto reps reviewed the new stablecoin compromise and are hopeful a workable deal has been reached
This finding is one of many signals tracked across Crypto. The live feed updates every few hours with new authority voices, debates, and emerging ideas.
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