BUSINESSJul 14 · 11:40 UTCCOINTELEGRAPHCointelegraph by Zoltan Vardai

ABA, state banking groups push back on CLARITY Act stablecoin yield provisions

ABA and state banking associations published a joint letter requesting more detail on the CLARITY Act’s stablecoin yield provisions ahead of the bill’s House hearing on July 17. The groups are advocating for clarity on how the provisions would affect banking institutions.

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ABAorganizationstate banking associationsorganizationClarity Acttopicstablecoin yield provisionstopicHouse hearingtopic

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