CLARITY Act Regains Momentum as Stablecoin Yield Deal Looms

The CLARITY Act, a legislation aimed at regulating the crypto market structure, has seen renewed momentum in negotiations between lawmakers and White House officials.

A tentative agreement on stablecoin yield may help revive stalled progress on the bill. The talks focus on whether stablecoin issuers can offer yield to holders, an issue that has divided crypto firms and banks.

According to a report by Politico, Senator Thom Tillis and Senator Angela Alsobrooks have reached an 'agreement in principle' on stablecoin yield. Both senators are members of the Senate Banking Committee, which has played a key role in shaping digital asset policy.