miles jennings(@milesjennings):The Big Banks proposal for CLARITY's yield language reveals their true goal—banning rewards on stablecoins and undermining their value proposition. These changes would enable banks to argue that Starbucks can't give you a discount on your coffee for paying with stablecoins.

miles jennings

@milesjennings

@a16zcrypto | Prev Partner @Lathamwatkins | Write about crypto policy, decentralization, tokens & more -

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miles jennings@milesjennings

2026.09.10 21:04

The Big Banks proposal for CLARITY's yield language reveals their true goal—banning rewards on stablecoins and undermining their value proposition. These changes would enable banks to argue that Starbucks can't give you a discount on your coffee for paying with stablecoins.