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  "path": "/banks-pushed-congress-to-kill-stablecoin-yield-with-clarity-act-coinbase-may-have-found-the-loophole/",
  "publishedAt": "2026-06-03T18:05:09.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Analysis",
    "Exchanges",
    "Featured",
    "Market",
    "Payments",
    "Stablecoins",
    "TradFi",
    "Trading",
    "CLARITY Act",
    "Coinbase",
    "Ethena",
    "Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole",
    "CryptoSlate"
  ],
  "textContent": "For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, […]\n\nThe post Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole appeared first on CryptoSlate.",
  "title": "Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole"
}