Skip to Primary Navigation

Compromise on stablecoin yields gives CLARITY Act a boost

Senator Thom Tillis
Senator Thom Tillis. Photo: Andrew Harnik/Getty Images

The compromise would allow transaction-based incentives similar to credit card rewards.

Disagreements over how to regulate stablecoin yields helped to stall the CLARITY Act, which would create a broader regulatory framework for digital asset markets, for months in the Senate Banking Committee. Now, a decision to allow activity-based stablecoin rewards on crypto platforms and intermediaries gives the bill a vital push

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience