US senators reach a compromise on stablecoin yield provisions, potentially removing obstacles to the advancement of the *Clarity Act*

Odaily星球日报讯 U.S. lawmakers have reached an agreement on stablecoin yield provisions, a point of contention that had stalled the *Clarity Act* in the Senate for months. Senators Tom Tillis and Angela Alsobrooks have finalized the text of the compromise. Section 404 of the bill states that crypto companies cannot offer interest or returns that are economically or functionally equivalent to bank deposits, but allows incentives related to the use of a legitimate platform.

Coinbase CEO Brian Armstrong stated that the Senate Banking Committee should move quickly to consider the bill. This progress could provide momentum for the previously long-stalled review process. (The Block)