{"id":89737,"date":"2026-05-05T05:31:39","date_gmt":"2026-05-05T05:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89737"},"modified":"2026-05-05T05:31:39","modified_gmt":"2026-05-05T05:31:39","slug":"senator-thom-tillis-says-we-respectfully-agree-to-disagree-after-banking-industry-criticizes-stablecoin-yield-compromise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89737","title":{"rendered":"Senator Thom Tillis Says &#8216;We Respectfully Agree To Disagree&#8217; After Banking Industry Criticizes Stablecoin Yield Compromise"},"content":{"rendered":"<div>\n<p>Sen.\u00a0<strong>Thom Tillis<\/strong>\u00a0(R-N.C.) defended on Monday the bipartisan compromise on stablecoin yields in the Clarity Act, deeming it a \u201csubstantially improved, consensus-based product.\u201d<\/p>\n<h2 class=\"wp-block-heading\">Senator Says Compromise Addresses \u2018Core Concern\u2019<\/h2>\n<p>Tillis addressed the banking sector\u2019s concerns that the revised text doesn\u2019t adequately safeguard banks against \u201cdeposit flight.\u201d<\/p>\n<p>\u201cWe have worked in good faith with all sides throughout this process to encourage compromise and to avoid letting the perfect become the enemy of the good,\u201d Tillis, who worked with Sen. <strong>Angela Alsobrooks<\/strong>\u00a0(D-Md.) to finalize the compromise language, said.<\/p>\n<p>Tillis said the compromise prevents stablecoin rewards from resembling\u00a0interest on bank deposits, addressing the\u00a0\u201ccore concern\u201d over deposit flight, while helping cryptocurrency firms offer other forms of rewards.<\/p>\n<p>\u201cThe result is a substantially improved, consensus-based product,\u201d the lawmaker said. \u201cSome in the banking industry may not want either of these things to happen, and we respectfully agree to disagree.\u201d<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/Sen_Alsobrooks?ref_src=twsrc%5Etfw\">@Sen_Alsobrooks<\/a> and I have worked on a bipartisan basis with all stakeholders to address the banking industry&#8217;s concerns about deposit flight. They have had a seat at the table and have been directly sharing &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/05\/52271821\/senator-thom-tillis-says-we-respectfully-agree-to-disagree-after-banking-industry-criticize?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Senator\" thom tillis says respectfully agree to disagree after banking industry criticizes stablecoin yield compromise>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sen.\u00a0Thom Tillis\u00a0(R-N.C.) defended on Monday the bipartisan compromise on stablecoin yields in the Clarity Act, deeming it a \u201csubstantially improved, consensus-based product.\u201d Senator Says Compromise Addresses \u2018Core Concern\u2019 Tillis addressed the banking sector\u2019s concerns that the revised text doesn\u2019t adequately safeguard banks against \u201cdeposit flight.\u201d \u201cWe have worked in good faith with all sides throughout [&hellip;]<\/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-89737","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\/89737","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=89737"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89737\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}