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Simon Taylor: CLARITY Act compromise sets new standards for stablecoin yields
Simon Taylor, co-founder at 11:FS, reports that a compromise has been reached on stablecoin yields under the CLARITY Act.
Taylor highlights that the CLARITY Act, according to Coinbase, will make tokenized assets a new default for all of finance and resolves ongoing debate over yield by banning passive yield, limiting yields to activity-based structures.
Taylor has previously discussed how virtual addresses allow fintech programs to operate directly onchain using stablecoins. He also highlighted Meta’s move into stablecoins and Lightspark’s launch of grid global accounts. These developments show ongoing advancement in stablecoin applications across finance.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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