(NEW YORK) – U.S. lawmakers took a significant step toward advancing comprehensive crypto market structure legislation this week, as Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) announced an “agreement in principle” on how to handle stablecoin yield within the Digital Asset Market Clarity Act.
The compromise, which would bar rewards on passive stablecoin balances, addresses banks’ long-standing concerns that such yield could resemble interest on traditional deposits and fuel destabilizing deposit flight.
While details of the accord have yet to be shared with industry stakeholders, the breakthrough removes one of the bill’s biggest roadblocks and could clear the way for a Senate Banking Committee hearing as early as late April, even as other issues—such as DeFi oversight, ethics, and illicit finance—remain under negotiation.
The White House is currently reviewing updated legislative text, and crypto market participants are awaiting full language that will shape the next phase of U.S. digital asset regulation.
Ludlow Research sees this move in establishing a working framework as a major step to when we will see large and institutional level players step in as DeFi and crypto regulations become clearer in 2026. Follow us on X for future coverage.
