U.S. Senators seek a compromise on stablecoin yield issues to advance the Cryptocurrency Market Structure Act.

CycleProphet · 2026-03-11T01:38:39+00:00

U.S. Senators are negotiating a compromise on the stablecoin yield issue in the Digital Asset Market Clarity Act to strike a balance between preventing deposit outflows and promoting innovation. The bill still needs to address several controversies, including decentralized finance regulation, and faces procedural hurdles.

CycleProphet

2026-03-11 01:38:39

Abstract generation in progress

Deep Tide TechFlow News, March 11 — According to CoinDesk, U.S. senators are negotiating a compromise on stablecoin yields to push for the passage of the Digital Asset Market Clarity Act. Senators Angela Alsobrooks and Thom Tillis said the compromise will seek a balance between preventing deposit outflows and allowing innovation.

Senator Mike Rounds pointed out that stablecoin yields might be linked to account activity rather than the amount held. The banking industry previously lobbied against the stablecoin yield provisions in the bill, arguing they threaten traditional bank deposit business. JPMorgan Chase CEO Jamie Dimon recently stated that banks could accept a transaction-based yield model.

The bill still needs to resolve several disputes, including DeFi regulation, regulatory agency appointments, and prohibitions on government officials profiting from personal cryptocurrency activities. Its passage also faces procedural hurdles, such as a tight Senate schedule.

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