An updated Senate draft of the market structure bill prohibits yield “solely in connection with the holding of a payment stablecoin.”
Banks secured a win in the fight over stablecoin yield as Senate lawmakers released updated crypto market structure legislation draft Tuesday morning, which prohibits digital asset service providers from paying “any form of interest or yield” solely … [3776 chars]
Source: Decrypt | Published: 2026-01-13T10:13:03Z
Credit: Decrypt
