Clarity Act bans interest payments on idle stablecoin holdings
The U.S. Senate’s delayed Clarity Act draft will prohibit interest payments on idle stablecoin holdings, targeting platforms like Coinbase that currently offer yields for simply holding digital dollars. How banks are pushing to block stablecoin yields U.S. Banks fear losing deposits if stablecoins offer attractive returns, potentially draining liquidity from traditional accounts and threatening their … Weiterlesen …