Clarity stablecoin yield talks don restart as banks dey push back

Dem tok wey dey negotiate US 'Clarity Act' wey concern stablecoin yield don start again, people inside dey talk say dem fit reach breakthrough dis month. White House go drop report wey dey pro-crypto, adviser Patrick Witt talk say reward programs for fully backed stablecoins no dey pose threat to banks business model. But bank lobby groups dey resist. Community banks warn say yield-like stablecoins fit comot 'billions' from insured deposits. Some Wall Street firms still dey call interest-bearing stablecoins 'shadow deposits,' dem talk say e fit drain up to about $500B by 2028. Timing matter for traders. Odds trackers (via Coingape) put chance say Clarity Act go pass in 2026 around 64%, higher from February. Earlier drafts wey Senators Thom Tillis and Angela Alsobrooks support get opposition from Coinbase and Stripe. Paul Grewal of Coinbase say stablecoin yield deal 'very close,' but the March 23 text ban passive yield on stablecoin balances and only allow strictly defined activity-based rewards. If stablecoin yield rules settle, lawmakers likely go move later this year to DeFi and tokenization issues, including whether tokens go be treated as securities or commodities. For markets, USD Coin still central for payments and on-chain yield strategies, so regulatory clarity fit shift US demand and short-term risk appetite.