CLARITY Act Sparks Debate Over Digital Dollar Holding Fees

The CLARITY Act is at the center of a debate concerning fees for holding a 'digital dollar' in the United States. According to Bitalk News, banks and policymakers are at an impasse over stablecoin yields, which is affecting the progress of the legislation. Recent discussions between the White House and the banking sector have failed to resolve the deadlock, with banks expressing caution regarding stablecoin yields. The future of the act remains uncertain.