{"id":78411,"date":"2026-03-31T09:31:33","date_gmt":"2026-03-31T09:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78411"},"modified":"2026-03-31T09:31:33","modified_gmt":"2026-03-31T09:31:33","slug":"clarity-act-incoming-final-text-expected-this-week-on-stablecoin-yield-compromise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78411","title":{"rendered":"CLARITY Act Incoming: Final Text Expected This Week On Stablecoin Yield Compromise"},"content":{"rendered":"
\n

Senators are poised to publish a revised draft of the CLARITY Act \u2014 the long\u2011anticipated crypto market structure bill \u2014 as early as this week, according to reporting <\/a>from Eleanor Terrett of Crypto In America.\u00a0<\/p>\n

The timing comes amid an Easter recess that runs through April 13, but Terrett\u2019s sources say lawmakers intend to unveil language resolving the politically sensitive dispute over the CLARITY Act stablecoin yield and rewards before members return to regular business.<\/p>\n

Industry Pushes Back On CLARITY Act Restrictions<\/h2>\n

The latest draft reportedly aims to strike a compromise on how cryptocurrency platforms may offer rewards without prompting a flight of deposits from traditional banks.\u00a0<\/p>\n

As Bitcoinist reported <\/a>last week, the CLARITY Act would broadly bar platforms from offering yield \u201cdirectly or indirectly\u201d on stablecoins or on assets that operate like bank deposits.\u00a0<\/p>\n

Lawmakers would still allow activity\u2011based incentives such as loyalty points and promotional offers in the CLARITY Act draft, while assigning regulators a one\u2011year window to define permitted incentives and establish anti\u2011evasion rules to prevent workarounds.<\/p>\n

That restrictive approach has drawn a swift and visible reaction in the industry. Coinbase\u2019s Global Head of Investment Research, David Duong, has said that industry participants are coordinating a counterproposal to explain why targeted changes are needed to protect customers and sustain workable rewards programs.\u00a0<\/p>\n

However, a spokesperson for Senator Thom Tillis told Crypto In America that the new CLARITY Act text reflects ongoing conversations with industry groups, including banks.\u00a0<\/p>\n

Key unresolved topics expected to shape the final negotiations include decentralized finance<\/a> (DeFi) safeguards, token classification, and rules for real-world asset (RWA) tokenization, according to Terrett.<\/p>\n

New Crypto PAC In Town<\/h2>\n

The legislative manoeuvring has coincided with increased political organizing from within the crypto industry. Anchorage Digital and Chainlink (LINK) announced <\/a>Monday the formation of a bipartisan hybrid political action committee (PAC), the Blockchain Leadership Fund, backed by members of the Digital Chamber.\u00a0<\/p>\n

Per the firm\u2019s release, the new fund plans to engage across federal, state, and local contests to support candidates and policymakers who favor durable, innovation\u2011friendly digital asset policy. An Anchorage Digital spokesperson stated:\u00a0<\/p>\n

\n

Crypto policy is being written right now and the companies that show up and engage will help define the rules of the road; the ones that don\u2019t will inherit them. At Anchorage Digital, we\u2019ve always believed that responsible innovation requires active participation, which is why we\u2019re proud to support the Blockchain Leadership Fund at such a pivotal moment for the industry.<\/p>\n<\/blockquote>\n

A Chainlink representative echoed that message, noting the unusually clear \u2014 but still fragile \u2014 legislative moment<\/a> the sector faces. \u201cThe market structure bill [CLARITY Act] is where the real complexity lives, and the candidates willing to work through that complexity deserve sustained, organized support from the industry,\u201d the spokesperson said.\u00a0<\/p>\n

Chainlink added that its institutional partners are building on blockchain infrastructure and that the Blockchain Leadership Fund will help ensure the policy environment can scale that adoption.<\/p>\n

\"CLARITY<\/p>\n

Featured image from OpenArt, chart from TradingView.com <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Senators are poised to publish a revised draft of the CLARITY Act \u2014 the long\u2011anticipated crypto market structure bill \u2014 as early as this week, according to reporting from Eleanor Terrett of Crypto In America.\u00a0 The timing comes amid an Easter recess that runs through April 13, but Terrett\u2019s sources say lawmakers intend to unveil […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78411","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78411"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78411\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}