📝 Senators Tom Tillis and Angela Alsobrooks have reached a compromise regarding the yield of “stablecoins” in the CLARITY Act bill regulating the U.S. crypto market.

The finalized section of the document says that no organization may pay “any interest or income” to clients solely for holding stablecoins, similar to a bank deposit or any other comparable product.

Under the new wording, the ban on paying rewards applies not only to issuers, but also to third-party platforms—for example, cryptocurrency exchanges. Platforms may not pay coin income on inactive balances.

However, the document includes exemptions that allow companies to pay rewards tied to “bona fide activities.”
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