CryptoWorld News, citing a report by Bloomberg, says Coinbase stated that key disagreements regarding the yield terms on stablecoin holdings have been settled through a compromise with traditional banks, removing obstacles for the U.S. Senate to move forward with a crypto market structure bill. Previously, banks had lobbied to restrict or prohibit exchanges from providing yields to stablecoin holders, mainly due to concerns that funds could flow out of the banking deposit system. Faryar Shirzad, Coinbase’s Chief Policy Officer, said that while the final plan adds some restrictions, it still allows room for users to earn rewards via crypto platforms and networks based on real-world use cases. This development is expected to help advance the “Clarity Act” in the Senate Banking Committee into the voting process, to further clarify the SEC and CFTC’s respective responsibilities in regulating crypto assets.