American Banks Collectively Oppose the CLARITY Act: They Say It's About Risk, But They're Actually Afraid of "Unemployment"

The attitude of the American banking industry has been very theatrical lately.
They used to say every day: "Cryptocurrency is a scam."
Now they suddenly start lobbying Congress like crazy: "This bill is too dangerous!"
Why the 180-degree turn?
Because they realize that the crypto industry isn't here to speculate on coins, but to take their jobs.
The "member rewards" mechanism in the CLARITY Act is essentially a Web3 version of a bank deposit war.
In the past, banks gave rice cookers and eggs to attract deposits;
In the future, on-chain platforms will directly pay wallet yields, token rewards, and real-time cashback.
Young people do the math:
Waiting in line at the bank for half an hour yields 0.01%.
On-chain wallets receive funds in 5 seconds and can earn interest.
How can they compete?
So, what banks are really worried about is not "financial stability risk," but "depositor migration."
And once the bill passes, the biggest change in the crypto industry won't be price, but identity.
In the past, crypto was like an "underground band";
Now it might directly get tickets to the mainstream stage.
U.S. regulators are actually very conflicted.
On one hand, they worry about risks; on the other, they fear innovation will flow out.
Because now, the whole world is competing for the crypto industry.
Hong Kong is opening licenses, the UAE is aggressively recruiting, and Singapore continues to attract Web3 capital.
If the U.S. drags on any longer, it might really lose its next-generation financial dominance.
Therefore, the CLARITY Act is likely to keep advancing, even with resistance, it’s hard to see it completely fail.
The market currently gives a probability of over 60% for passage, which is not unfounded.
Because Washington will eventually realize:
Instead of blocking crypto, it’s better to turn it into America’s new financial weapon. #CLARITY法案推进受阻