The U.S. Stablecoin Revenue Bill Delayed to Prevent Opponents from Obstructing Before Senate Review

According to crypto journalist Eleanor Terrett, the text of the U.S. Stablecoin Revenue Bill, originally scheduled for release this week, will not be published as planned.

Sources familiar with the matter revealed that lawmakers are mainly concerned that if the bill's contents are disclosed too early, opponents might exploit this information to delay or hinder the bill's progress before the Senate's formal review.

It is noteworthy that the Stablecoin Revenue Bill is an important part of the CLARITY Act (Digital Asset Market Clarity Act), which addresses key issues such as whether stablecoin holders can earn yields. This has been a focal point of debate between traditional banking sectors and the cryptocurrency industry. The decision also reflects the cautious attitude of the United States toward cryptocurrency legislation at present.

Previously, draft versions of the bill indicated that lawmakers favored banning passive income from holding stablecoins but allowed reward mechanisms based on user activities such as trading or payments. While this distinction appears clear in theory, there are still many gray areas in practical implementation that require further clarification from regulators.

The delay in releasing the bill demonstrates the complex political considerations in Congress regarding cryptocurrency regulation. Lawmakers aim to establish a clear regulatory framework to ensure the steady development of the digital asset market while also safeguarding that new regulations do not cause undue disruption to the traditional financial system.

Market observers believe that although this delay might impact the U.S.'s leading position in global cryptocurrency regulation, it provides lawmakers with more time to refine the bill's content, build bipartisan consensus, and lay a foundation for smooth subsequent progress.

#稳定币 #CLARITY Act