《The Stablecoin Yield Debate: How It Stalled U.S. Crypto Regulation Legislation?》 (Author: Oluwapelumi Adejumo) The U.S. stablecoin "yield" controversy has caused the Senate's *CLARITY Act* to stall due to negotiation breakdowns. Banks are pushing to ban stablecoin companies from offering bank-like deposit interest, arguing that even limited yield incentives could disrupt the deposit base. Standard Chartered estimates that by the end of 2028, approximately $500 billion in deposits could be pulled from the U.S. banking system. Crypto companies, on the other hand, argue that incentives tied to payments, wallet usage, or network activity help foster competition. On March 6, the Congressional Research Service noted that the *GENIUS Act* prohibits issuers from paying yields to users but does not fully clarify the "tri-party model." The White House proposed allowing yields in certain scenarios but banning returns on idle funds, a plan that failed to gain banking sector support. The U.S. Office of the Comptroller of the Currency (OCC) suggested in its proposed rules that such arrangements could be classified as "disguised prohibited yields." Industry insiders say the legislative window for passing the act is between late April and early May. If it fails, the crypto market will become increasingly reliant on regulatory guidance, interim rules, and future political shifts. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=58471