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Bankers Say CLARITY Act Stablecoin Provisions Still Flawed

Posted on May 5, 2026
By Cointelegraph
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1 min read

Bankers Say CLARITY Act Stablecoin Provisions Still Flawed

The American Bankers Association said the broader US banking industry isn’t satisfied with the newly proposed stablecoin yield provisions in the CLARITY Act, arguing they still fail to protect bank deposits.