Family members, something big has happened! Big Beautiful just dropped a regulatory nuclear bomb, and the "interest" in our hands might be flying away.

$BTC ‌
This is about smashing the very foundation of stablecoins. The core of the bill is one sentence: as long as the money stays still, you are absolutely not allowed to earn "passive income." Anything like savings accounts, earning interest on coins, is considered illegal. Regulation is about drawing a red line: you're not a bank deposit, don’t expect to attract deposits and pay interest.

But the Americans haven't completely closed all the doors. They deliberately left an opening: rewards are allowed, but only if you "use" the coins, such as making transactions or providing liquidity. The specifics are still quite vague.

The market was immediately scared out of its wits. On the day the draft leaked, the issuer of USDC, Circle, saw its stock plummet by 26%, and Coinbase also dropped by 11%. This reaction was very real—after all, many platforms' profits come from skimming "interest" on the edge, and now this move is directly blocked.

In simple terms, stablecoins with market caps of hundreds of billions are feared to drain banks, and now the US wants to fully "bring them under control." The Digital Chamber of Commerce also said that this text can push for review, but whether it can pass before the midterm elections is still uncertain.
#Polymarket每日热点 Clear Bill
Do you think this is a "de-banking" blow, or a protection of retail investors' funds? Share your thoughts in the comments. I stand with retail investors on this wave.