#Gate广场五月交易分享

Latest Developments in the Stablecoin Bill
The passage of the stablecoin bill has reduced investor uncertainty but has not yet addressed institutional hesitation. The bill was finalized on May 1 by Senators Thom Tillis and Angela Alsobrooks, explicitly stating that crypto platforms may not pay interest on stablecoins in any manner. Activity-based rewards related to payments and platform usage are still permitted. The Senate Banking Committee currently plans to review it at a meeting on May 11 and vote before the Memorial Day recess on May 21. Reis-Faria pointed out that although lawmakers are increasingly close to reaching an agreement on stablecoin regulations, this does not mean investors will act immediately. He said the current key issue is uncertainty, not the rules themselves. Standard & Poor’s estimates that unrestricted stablecoin yields could transfer up to $500 billion in deposits from traditional banks before 2028. Do you think the CLARITY Act will pass by the end of May? Place your bets in the comments!