The latest draft of the CLARITY Act: The stablecoin income clause does not allow rewards based on balance

On March 24, according to an industry source who was fortunate enough to see the draft text for the first time, the latest statement on stablecoin gains in the CLARITY Act worried people in the encryption industry. stablecoin gains-a focus of controversy between banks and crypto platforms-were one of the core elements of the compromise reached by senators involved in the bill negotiations. The latest version will allow reward programs only on a very narrow basis, provided that these rewards cannot be similar to bank deposit interest in any form.