Coinbase Chief Legal Officer: La "Ley Clara" está "muy cerca" de llegar a un acuerdo sobre los beneficios de las stablecoins

Golden Finance reports that on April 2, Coinbase Chief Legal Officer Paul Grewal, in an interview with Fox Business, said that the debate over stablecoin yield in the upcoming “Clarity Act” is “very close” to reaching an agreement.
Grewal said that the crypto market structure bill is underway, even though the debate over stablecoin yield is still ongoing. He said that the various parties are gradually coming to recognize that while reward mechanisms are important, other key elements in the bill are also crucial to realizing President Trump’s vision of making the United States “the global crypto hub.”
U.S. banking industry participants have previously been lobbying for the “Clarity Act” to include provisions that would prohibit crypto platforms from providing yield on idle stablecoin balances, arguing that this could cause large-scale outflows of bank deposits. In response, Grewal said there is currently no evidence that deposit outflows have actually occurred, and noted that the issue of stablecoin yield should not be mixed up with other challenges facing the banking industry.
Grewal expressed optimism about the bill’s prospects, saying he expects the Senate Banking Committee to begin review and hearings within the next few weeks and ultimately conduct a full vote.
Coinbase and its CEO Brian Armstrong have previously publicly opposed versions of the bill that would ban rewards for idle stablecoin balances, arguing that such restrictions would stifle innovation in the U.S. and harm consumer interests. Meanwhile, Coinbase’s share price (COIN) has fallen 50% over the past six months amid continued weakness in the crypto market; on Wednesday it closed down 0.9% at $172.99.