Banking Lobby’s War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled

‘Let crypto bill die’ – Crypto VC cites stablecoin yields as red line

Crypto bill markup faces a showdown as crypto and banking industry fight over stablecoin yields but time is not on their side...

Banking Lobby’s War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled

The post Banking Lobby’s War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled appeared on BitcoinEthereumNews.com. TLDR: Banks hold trillions in zero-yield deposits and fear stablecoins offering 3-5% Treasury-backed returns. The same banking lobby behind Operation Choke Point now blocks bipartisan Clarity Act legislation. Deposit flight to stablecoin wallets represents an existential threat to traditional banking mod…

Banking Lobby's War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled

TLDR: Banks hold trillions in zero-yield deposits and fear stablecoins offering 3-5% Treasury-backed returns. The same banking lobby behind Operation Choke Point now blocks bipartisan Clarity Act legislation. Deposit flight to stablecoin wallets represents an existential threat to traditional banking models. Compromise proposals like Alsobrooks would limit yields to staked stablecoins, not passive holdings.    The Clarity Act continues to face …

The Battle for Market Structure: Paul Grewal Warns Banks Are Re-Litigating Stablecoin Yield