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Senator Scott expects first stablecoin yield proposal this week
short by / on Wednesday, 18 March, 2026
Senator Tim Scott expects a new stablecoin yield proposal this week to break the CLARITY Act deadlock. The bill is stalled amid debate between banks fearing deposit flight and crypto firms seeking adoption incentives. Scott hopes this compromise will unblock the Senate impasse as the crypto market faces declines.
read more at Stocktwits