A major US exchange quietly changed its stance and withdrew support for the Clarity Act. This move instantly ignited discussions in Washington.
What’s behind this? The issue of stablecoin yields has become the focal point. The exchange’s shift in attitude not only reflects the current market situation but also exposes the disagreements between regulators and the industry regarding the distribution of stablecoin rights.
This move has intensified the conflict. Supporters believe it will hinder the legislative process for the industry, while opponents see the potential value in stablecoin yields. Behind the policy swings, the future direction of the stablecoin market remains increasingly uncertain.
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SchrodingerPrivateKey
· 13h ago
Coming back with this set again? Exchanges turn hostile faster than flipping a book. Everyone wants a bite of the stablecoin pie.
How to split stablecoin profits—this is the real battle. Regulators can't outplay the market.
That bunch in Washington is still bickering, but the crypto world has already made its bets.
This time, you can really see who cares about rights distribution and who is just talking.
Policy swings? Basically, everyone just wants the maximum profit, sacrificing the legislative process.
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MetaMuskRat
· 13h ago
Doing this again? Is making money more important or legislation? Big exchanges have no clue what's more important.
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BridgeJumper
· 13h ago
No one wants to give up the juicy profit from stablecoin yields, no wonder the attitude changed so quickly.
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DeFiGrayling
· 13h ago
The profit share from stablecoins is really stuck, and exchanges' betrayal speed is a bit ruthless.
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zkNoob
· 13h ago
Ha, you're playing the game of backstabbing again. These exchanges are really outrageous.
Everyone wants to monopolize stablecoin yields, no wonder they are tearing each other apart.
The folks in Washington are probably overwhelmed again; legislation has turned into a tug-of-war conference.
This market is really chaotic; even buying stablecoins requires worrying about policy directions.
The industry is fighting among itself first, and regulation hasn't even stepped in yet.
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FOMOSapien
· 14h ago
The exchange's move this time is really impressive. They pull back instantly, and as soon as stablecoin yields appear, no one cares about legislation anymore.
A major US exchange quietly changed its stance and withdrew support for the Clarity Act. This move instantly ignited discussions in Washington.
What’s behind this? The issue of stablecoin yields has become the focal point. The exchange’s shift in attitude not only reflects the current market situation but also exposes the disagreements between regulators and the industry regarding the distribution of stablecoin rights.
This move has intensified the conflict. Supporters believe it will hinder the legislative process for the industry, while opponents see the potential value in stablecoin yields. Behind the policy swings, the future direction of the stablecoin market remains increasingly uncertain.