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The White House studies the basis for weakening the stablecoin yield ban, and the CLARITY Act Senate showdown enters a critical stage.
Deep Tide TechFlow News, April 15, According to CryptoSlate, the White House Economic Advisory Council recently released a research report stating that banning stablecoin yields offers very limited protection for bank loans but significantly reduces consumers’ ability to earn returns through digital cash. This conclusion directly challenges the core argument supporting the banking industry’s ban on yields and also provides new policy backing for the CLARITY Act.
Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly expressed support for the bill, indicating that the executive branch and regulatory agencies are aligned. However, the Senate Banking Committee has not yet announced a timetable for bill review, and political negotiations remain the biggest variable. Analysts point out that if the committee can complete its review before the summer recess, the likelihood of the bill passing will significantly increase; otherwise, it will face dual risks of election pressure and legislative delays.