US Senators Release Final Text on Stablecoin Yields

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According to ME News, on May 2nd (UTC+8), US senators released the final text regarding stablecoin yields. Key points include: prohibiting rewards similar to bank interest; and allowing rewards related to platform usage and payments. The Senate Banking Committee is expected to mark the bill in the second week of May. The likelihood of the Clarity Act becoming law has risen to 62%. (Source: ME)

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