Sen. Thom Tillis finalizes Clarity Act amendment banning deposit-like stablecoin yields while preserving activity-based rewards, sparking crypto stock

Banking groups urge Senate to amend stablecoin provisions of the Clarity Act. Clarity Act signed into law in 2026 at 38.5% YES.

Sen. Tillis proposed an amendment to the Clarity Act to address stablecoin yield concerns. Clarity Act signed into law in 2026 at 32.5% YES.

Sen. Thom Tillis finalizes Clarity Act amendment banning deposit-like stablecoin yields while preserving activity-based rewards, sparking crypto stock