Senate Clarity Act Markup Set for Thursday as Banking Lobby Mounts Last-Minute Fight to Kill Stablecoin Yields
like Coinbase and Circle to offer yield-bearing stablecoins, pulling deposits away from banks. Critics argue
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like Coinbase and Circle to offer yield-bearing stablecoins, pulling deposits away from banks. Critics argue
Circle, the issuer of the USDC stablecoin, has been one of the more closely watched names…crypto-adjacent equity space as institutional interest in stablecoin infrastructure deepens. Ark's multi-ETF allocation suggests
insider-trading authority over certain crypto offerings. The stablecoin section draws a clear line against bank-style yield…payment stablecoins held in accounts, while preserving rewards tied to genuine on-chain activity — staking, liquidity provision, governance
digital asset industry. The legislation addresses stablecoin rewards and DeFi, though it notably sidesteps questions around President Trump
text confirms two of the most contested provisions: stablecoin yield rules and legal protections for DeFi developers…however, are mounting a last push to tighten stablecoin yield limits, citing Galaxy research that projects trillions
stock closed up 15.91% at $131.76, following the stablecoin issuer's disclosure of its first-quarter 2026 results…USDC, sits at the intersection of regulated stablecoins and institutional finance, two themes that have seen accelerating capital
USDC. Now we're opening them to other stablecoin and real-world asset issuers." Arc competes directly with
with Congress actively debating frameworks covering market structure, stablecoins, and exchange oversight. Armstrong has been among the most
exchange Bitnomial and a $600 million deal for stablecoin payments firm Reap — all at the same $20 billion
clearer regulatory framework for digital assets, including stablecoins. Moreno's broadside targets decades of what he describes…profits and executive compensation. His argument is that stablecoins represent the first credible structural threat to that model
dirhams or CBUAE-approved dirham-backed stablecoins under the Central Bank's Stored Value Facilities framework — meaning residents
attend February meetings aimed at resolving the stablecoin rewards dispute — a flashpoint now threatening to derail the CLARITY…hosted back in February to resolve the stablecoin rewards/yield issue. They refused," Witt wrote
gearing up to launch USBD, an institutional-grade stablecoin built around continuous onchain verification of reserves, net asset…auditors — the model that failed spectacularly in past stablecoin collapses — USBD aims to surface reserve and NAV data
front-line role in the Global Dollar (USDG) stablecoin consortium — the Robinhood and Kraken-backed group whose token…what McCauley called an "increased neutrality" stance on stablecoins — declining to push any single token while it courts
make it the default candidate. Lee also cited stablecoin volumes — Ethereum-based USDC, USDT, and DAI combined
broad-based crypto recovery, with the total stablecoin market cap expanding by $2.02 billion — a signal that fresh
just how central the chain has become to stablecoin settlement infrastructure
Banking Committee markup scheduled for Thursday, warning that stablecoin provisions in the updated bill still leave room…core dispute: bank trade groups argue yield-bearing stablecoins function as substitutes for insured deposits, draining the funding
Payments firm Corpay (CPAY) is adding stablecoin wallets and settlement capabilities for its global corporate customers through…banking hours. Clients will be able to view stablecoin balances alongside fiat inside Corpay's platform
crypto companies from offering "interest-like rewards" on stablecoins. The push lands just before the Senate Banking Committee…industry. The ABA's concern is structural. If stablecoin issuers can offer yield-like features, they compete directly