What took him so long? He attacked Iran without any approval. Just go ahead and pass the clarity act without any consideration for the banks.
coinfeeds-bot on
tldr; President Donald Trump accused U.S. banks of obstructing the CLARITY Act, which aims to allow Americans to earn higher yields (4-5%) on stablecoin balances. Trump claims banks are protecting their interests by opposing competition from crypto platforms offering better returns. The CLARITY Act, which passed the House in 2025, faces delays in the Senate. The debate centers on whether stablecoin rewards should be treated like bank deposits, with banks arguing for stricter regulations and crypto firms advocating for consumer access to higher yields.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
dz4505 on
I believe the banks are still blocking despite Trump new message so this is old news.
account009988 on
The banks are! If stables offer higher yield than banks. The banks lose lots of customers.
Hopeful_Pressure on
He’s right on this one.Â
Hopeful_Pressure on
Just order a missile/drone strike on the banksters.Â
7 Comments
What took him so long? He attacked Iran without any approval. Just go ahead and pass the clarity act without any consideration for the banks.
tldr; President Donald Trump accused U.S. banks of obstructing the CLARITY Act, which aims to allow Americans to earn higher yields (4-5%) on stablecoin balances. Trump claims banks are protecting their interests by opposing competition from crypto platforms offering better returns. The CLARITY Act, which passed the House in 2025, faces delays in the Senate. The debate centers on whether stablecoin rewards should be treated like bank deposits, with banks arguing for stricter regulations and crypto firms advocating for consumer access to higher yields.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I believe the banks are still blocking despite Trump new message so this is old news.
The banks are! If stables offer higher yield than banks. The banks lose lots of customers.
He’s right on this one.Â
Just order a missile/drone strike on the banksters.Â
Doesnt it default crypto has a security?