Coinbase says deal reached on Clarity Act stablecoin yield, clearing path to long-stalled Senate markup
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A deal has been reached on a key provision of the Clarity Act related to stablecoin yield, which may clear the way for a Senate markup that has been stalled. The development has been announced by Coinbase, with the company's executives and top lawyer expressing support for the deal. The outcome of the Clarity Act remains uncertain, but the reported compromise on stablecoin yield has sparked renewed interest in its potential passage.
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