金色财经|May 05, 2026 01:21
[The American Bankers Association States Compromise on Stablecoin Yield Still Lacking]
Golden Finance reported on May 5 that the American Bankers Association stated that the proposed provisions regarding stablecoin yields in the cryptocurrency bill 'The Clarity Act' have failed to adequately address the banking industry's concerns about the risk of deposit outflows, indicating that the banking sector remains dissatisfied with the bill. This statement was unexpected. Previously, crypto companies, including Coinbase, had claimed that the provisions represented a compromise consensus between the banking and crypto industries. Boosted by heightened expectations for the bill's passage, Coinbase's stock price rose 6% on Monday, while Circle's stock price surged by 20%. (Dongxin News Agency)
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