Sarah Wynn(@ForTheWynn_):The American Bankers Association and other bank trade groups released a statement post-Clarity vote in the Senate Banking Committee: "The banking industry continues to believe that the Clarity Act should be strengthened further by tightening the prohibition on interest-like rewards for holding stablecoin while also allowing certain payment stablecoin transactions and activities to generate rewards."

Sarah Wynn

@ForTheWynn_

Senior reporter @TheBlockCo and @TheLatentCo focused on crypto and AI policy and regulation - @CQnow/@RollCall - @DJNF - @Mizzou grad - CHI✈️MO✈️MN ✈️ DC ✈️ NYC

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Sarah Wynn@ForTheWynn_

2026.05.14 18:08

The American Bankers Association and other bank trade groups released a statement post-Clarity vote in the Senate Banking Committee: "The banking industry continues to believe that the Clarity Act should be strengthened further by tightening the prohibition on interest-like rewards for holding stablecoin while also allowing certain payment stablecoin transactions and activities to generate rewards."