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Family, this time the old money from Wall Street and the lobbying giants in our crypto circle have "taken a step back" behind the Senate doors!
The recently heated "CLARITY Act" has finally released a compromise version. Simply put: the government prohibits you from using reserves of stablecoins to earn interest while lying around.
In the past, some project teams might have wanted to use your collateral for yield farming to earn interest, but this route is now explicitly banned, emphasizing "safety first."
But the good news is, the "rewards" territory has been protected!
As long as you receive rewards for participating in platform activities or contributing, the bill still supports it.
This game of chess is actually about banks fearing that high stablecoin interest rates will drain deposits, while crypto companies want to preserve user benefits.
In the end, both sides reached a middle ground: "no interest, but keep the rewards."
My spicy take:
It's like the homeroom teacher forbidding students from secretly handing out pocket money in the classroom (banning interest), but if you do well on exams or are a model worker, you still get certificates and prizes (keeping rewards).
Although there are more restrictions, the release of this compromise plan means the hurdles for bill review are cleared, and our legal status for stablecoins is soon to be "formalized."
Institutions want stability, we want profits—once the rules are set, not messing around is a good thing!
Follow me for breakdowns of these obscure bills; we don’t act blindly in law, only as winners.
Stay steady, we can win! #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 $MEGA $BABY