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🚀 OPPOSE CLARITY ACT – THE STABLECOIN WAR ERUPTS
Coinbase continues to oppose the new draft of the Clarity Act, mainly due to the clause banning interest payments on stablecoins.
⭐ Key points:
🟢 The bill aims to block yield from stablecoins
🟢 Traditional banks support it → to avoid "deposit drain"
🟢 Crypto community opposes → because it’s a major revenue source