Stablecoin competitiveness under CLARITY Act risks yuan edge
U.S. regulatory tightening is raising alarm among crypto executives who see stablecoin competitiveness as a key pillar of the dollar’s global role. CLARITY Act restrictions and yield prohibition According to Anthony Scaramucci, the expanded ban on yield-bearing stablecoins in the CLARITY Act risks weakening the U.S. dollar against China’s digital yuan. The legislation prevents crypto...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
