CLARITY Act Stablecoin Draft Delay Sparks Concerns Over Yield Rules

The release of the CLARITY Act's stablecoin draft has been delayed due to ongoing disputes over yield rules.

According to sources, the draft is not yet ready for public release and lawmakers are continuing discussions with banking groups and crypto companies. The delay suggests that disagreements are still slowing progress, pushing the timeline beyond the initial deadline.

The current draft largely sticks to earlier proposals, which would block users from earning rewards on idle stablecoin balances held in accounts. However, it will still allow yield tied to activities like transactions.