U.S. Banks Are Fighting the CLARITY Act Over Stablecoin Yield
Published on: April 17, 2026 The White House has sharply criticized U.S. banks for continuing to lobby against yield-bearing stablecoins. The clash is happening during ongoing negotiations over the Digital Asset Market Clarity Act. Policymakers and the traditional financial sector are growing more divided. Patrick Witt is the executive director of the White House’s Presidential…