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White House Proposes Stablecoin Rewards Compromise as CLARITY Act Odds Drop to 44%
📰 sources⭐ 6.0
TL;DR:
The White House moved to break the stablecoin impasse last Friday at ETHDenver, proposing that holders cannot earn yields on idle coins under draft language tied to the CLARITY Act. Crypto Council Executive Director Patrick Witt outlined the compromise to industry and bank leaders after a closed-doo...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence ETH price action and market sentiment in the near term.