U.S. Senator Pushes Clarity Bill into Committee Review, Stablecoin Yield Provisions May Be Clarified

Odaily Planet Daily reported that crypto journalist Eleanor Terrett stated on the X platform that U.S. Senator Thom Tillis plans to push the Clarity Bill into the markup stage of the Senate Banking Committee as soon as possible, noting that the legislative process has "reached a broad consensus" and should now proceed to formal advancement. In Congress, Tillis said he will request the committee chair to arrange a review meeting after the congressional recess, and expects to release the legislative text concerning stablecoin yield provisions 4 to 5 days before the review, for the industry and relevant parties to review in advance. Most concerns from the banking sector regarding the risks associated with stablecoin yields have been addressed in discussions, and institutions with remaining concerns are encouraged to "participate in good faith to improve the legislation."

Furthermore, Thom Tillis mentioned that he broadly supports the legislative framework direction proposed by Senator Cynthia Lummis regarding issues such as the potential impact of applying 1960s-era criminal provisions to software developers and law enforcement. This stance indicates that U.S. crypto regulatory legislation is accelerating toward a substantive implementation phase, particularly concerning stablecoins and the definition of developer responsibilities.