The compromise that got banks to tolerate the CLARITY Act striped yield from idle stablecoins.
@AdrianWall8395 says the same banks will soon want it back.
"I guarantee you, 18 months or less from now, they'll be back... on Capitol Hill saying, you know what would be a good idea? Yield on stablecoins..."
PMN EP04, with
@ForTheWynn_ &
@imyoungsparks:
00:00 - Prediction Market Recap
04:40 - CLARITY Slips to September
08:26 - Coldcard Fallout
13:36 - CLARITY: Ethics, BRCA, Consumer Protection
16:06 - Plan B: SEC and CFTC Rules without Congress
21:17 - DOJ-vs-State-AGs
34:51 - Live Odds Check
52:08 - Financial Literacy
59:59 - The Stablecoin Yield War
1:04:55 - Prediction Markets: CFTC, States, & the NFL
1:25:47 - Clarity before Midterms?