Crypto
Watch for birth of yield-as-a-service market after Clarity Act passage
A proposed U.S. Clarity Act could bring the biggest change by creating a new “yield-as-a-service” market, an executive at stablecoin infrastructure firm STBL said. Under Section 404, digital asset service providers and affiliates would be barred from offering yield simply for holding digital assets. That could shift the market from passive “hold-to-earn” products to compliant, active yield strategies. The bill has passed the Senate Banking Committee.
