U.S. Senators are seeking a compromise on stablecoin yields to advance the Digital Asset Market Clarity Act. The banking industry is concerned that offering yields on stablecoins to holders could attract funds away from bank deposits, while some lawmakers and the crypto industry advocate for exploring incentive mechanisms related to trading activities while restricting yields based on holding size. Senators Angela Alsobrooks and Thom Tillis are pushing for a related compromise plan aimed at preventing deposit outflows while preserving room for financial innovation. (CoinDesk)

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