Jason_LSE
03-24

$BMNR 20260320 25.0 CALL$ Recent positive progress of the Clarity Act. My friends just got proached  by JB Morgan Chase from Visa & Master for their expansion into Web3 payment division. The big banks are aggressively preparing for their stable coin strategies. Eth is the popular choice and Bmnr is the King maker. Let's keep each other in the loop.🫅[Call]  

Rosalia MazzaMonday, March 23rd 2026 04:39 PM

CLARITY Act Update: Crypto and Bank Reps Head to Capitol Hill to Review Stablecoin Deal as Details Remain Under Wraps

Crypto industry leaders are meeting with the Senate Banking Committee today, with bank representatives following tomorrow, to review the stablecoin yield compromise that unblocked the CLARITY Act last week.

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The stablecoin yield deal is moving to its next stage.  Eleanor Terrett reported Monday afternoon that crypto industry leaders are meeting with the Senate Banking Committee today, with bank representatives scheduled to follow on Tuesday, to review the product of the compromise reached last week between Senators Thom Tillis and Angela Alsobrooks. Details of the agreement remain under wraps.

As FinTech Weekly reported, Tillis and Alsobrooks confirmed an agreement in principle on stablecoin yield — the provision that had blocked the Digital Asset Market Clarity Act from advancing since the Banking Committee cancelled its January markup.

The deal was described by Alsobrooks as a way to protect innovation while preventing the deposit flight that banks had argued yield-bearing stablecoins would cause. Tillis said he felt the negotiations were in a good place but noted he intended to review the final text with industry stakeholders before formalising anything.

Monday's meetings are that review process beginning. The sequencing — crypto first, banks second — reflects the same dynamic that has defined the stablecoin yield negotiation from the start: the two sides must both accept the same language before a markup can be scheduled.

Modified in.03-24
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