CLARITY Act Targets September Push to Secure 60 Votes; American Bankers Association Calls for a Ban on Stablecoin Interest Payments
The American Bankers Association (ABA) and major banks, including JPMorgan, are actively pressuring lawmakers in negotiations over the Digital Asset Market Clarity Act (the CLARITY Act), demanding that stablecoin yield provisions be tightened or even eliminated. They argue that allowing crypto platforms to pay interest to stablecoin holders would threaten banks’ deposit bases and lending capacity. In mid-September, the CLARITY Act will enter the final three weeks of legislative negotiations befo
MarketWhisper·08-17 01:52



