Coinbase Signals Breakthrough on Stablecoin Yield Rules, Paving Way for Senate Markup
Coinbase has reportedly reached an agreement with lawmakers over controversial yield-bearing provisions in the stablecoin bill.
The deal addresses how yield from reserve assets is treated, a primary friction point that has stalled the Clarity for Payment Stablecoins Act.
The breakthrough clears a major hurdle for the Senate Banking Committee to finally move toward a formal markup of the legislation.
Coinbase, the leading U.S....
