The crypto industry got a first look at legislative language that won't allow rewards on stablecoin balances, and the approach is seen as restrictive. The newest language on stablecoin yield in the Clarity Act has crypto insiders cringing, according to a source familiar with the industry's opening chance to see the text. Stablecoin yield — a point of contention between bankers and crypto platforms — was the subject of a compromise crafted by senators negotiating the bill. The latest v…
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