Banks: We must ban the payment of interest on stablecoins to protect community bank lending!
Clarity Act: Bans payment of interest on stablecoins.
Banks: The Clarity Act must be stopped, or it will destroy community bank lending!!!
Make it make sense… 🫠
JUST IN: 🇺🇸 American Bankers Association CEO tells CNBC "There's a lot of good in the Clarity Act" 👀
"I do think that the crypto and the banking sectors can coexist. I think we can be the crypto capital of the world."
"We're working with the Senators" on this bill.