Clarity Act Expected to Enter Key Review in Late April, Stablecoin Yield Dispute May Be Near Resolution

The core disagreement between the U.S. cryptocurrency and banking sectors regarding the stablecoin yield mechanism may be close to resolution. According to several informed sources, both parties have initiated a new round of communication regarding the latest compromise proposal, although details have not yet been disclosed, the overall outlook appears optimistic. A previous draft pushed by U.S. senators had sparked dissatisfaction within the industry, with institutions such as Coinbase and Stripe expressing concerns. The market is focused on the ‘Clarity Act,’ which is expected to enter the committee review phase in late April. If the yield issue is alleviated, the legislative focus will shift to remaining topics such as DeFi, tokenization, and token classification. Additionally, a White House report on stablecoin yields and their impact on the banking system has yet to be released; it is said that the study’s conclusions generally lean in favor of the cryptocurrency industry, but the reasons for the delay in publication remain unclear.