REDWRITER
12.5K posts

REDWRITER
@REDWRITER
Storyteller. I make Comic Books and write about Dogecoin. @XMoney 42er.



FINAL CLARITY ACT STABLECOIN YIELD TEXT IS PUBLIC, PASSIVE REWARDS BANNED, ACTIVITY-BASED REWARDS PROTECTED The final stablecoin yield text in the CLARITY Act is now public, ending months of standoff between banks and the crypto industry, per Punchbowl News. The compromise from Sens. Tillis (R) and Alsobrooks (D) bans rewards "economically or functionally equivalent" to deposit interest. Activity-based rewards tied to payments, transfers, and real platform usage stay protected. The structure closes affiliate workarounds by design. Coinbase Chief Policy Officer Faryar Shirzad (@faryarshirzad) framed the outcome as a win on what mattered: "the ability for Americans to earn rewards, based on real usage of crypto platforms and networks." Banks got tighter restrictions on yield. Crypto kept the activity rails open. The final text emerged from months of negotiation between the White House, Treasury, Senate Banking GOP, Tillis, and Alsobrooks. Senate Banking Committee markup is targeted for mid-May, lining up with Sen. Scott's "in the red zone" comments yesterday. Remaining issues to resolve: DeFi provisions, ethics language for executive branch officials, and reconciliation with the House-passed version.


There's a pack for everyone. Find yours on DuGs.App





🚨 FIRST WAVE. FIRST IN. 🚨 The MyDoge v3 Beta Programme just went live and Batch 1 has been informed. Check your inbox, to see if you’ve been recruited. The crew is assembling. The operation is moving. 🐕 🚨 Not in yet? Hold your position. Batch 2 is coming spaces, more roles, more access. The window isn't closed. It's just getting started.


















