Clarity Act Faces Potential Delays Due to Stablecoin Yield Rules

The Clarity Act, aimed at providing regulatory guidance for stablecoins, may face delays due to unresolved issues, according to TD Cowen. Five key concerns, including stablecoin yield rules, remain significant obstacles to the bill's progress. According to NS3.AI, Senator Thom Tillis indicated that the Senate Banking Committee is unlikely to vote on the legislation before May, highlighting the ongoing challenges in reaching a consensus on the proposed regulations.