---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40368435.md"
description: "The text of the Clarity Act regarding "staked yield" has been released, prohibiting stablecoins from directly generating interest, but allowing activities to generate yield.It is highly likely that the Banking Committee bill will be reviewed in the second week of May. If passed smoothly, the next step is to merge it with the version passed by the Agriculture Committee in January, followed by votes in the House and Senate, and then sent to the White House for legislation in August.The legislative agenda and timeline are very tight, but this is how bipartisan legislation works; it always gets dragged to the last must-pass moment.$Coinbase(COIN.US)$Circle(CRCL.US)$Strategy(MSTR.US)$BitMine Immersion Tech(BMNR.US)"
datetime: "2026-05-02T00:14:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40368435.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40368435.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40368435.md)
author: "[lyhalfway](https://longbridge.com/en/profiles/3372973.md)"
---

# The text of the Clarity Act regarding "staked …


### Related Stocks

- [STRD.US](https://longbridge.com/en/quote/STRD.US.md)
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- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)
- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
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- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)

## Comments (10)

- **Bullish · 2026-05-03T08:52:19.000Z**: So it's reasonable to see August as a good opportunity for positioning.
- **幕墙阿龙 · 2026-05-03T01:08:12.000Z**: , stablecoins are prohibited from directly generating interest, but activities are allowed to generate returns. How should this be understood?
- **岸皙 · 2026-05-02T02:07:38.000Z**: Asked AI, Circle might be under pressure
  - **不入凡尘** (2026-05-02T06:56:28.000Z): Allowing activities to generate revenue is already a positive development for crcl. The fact that there was no one-size-fits-all ban is quite good.
  - **岸皙** (2026-05-02T07:33:47.000Z): Both USDT and USDC are greatly affected.
- **探险家Grit · 2026-05-02T01:28:35.000Z**: Uncle, does this mean the probability of the CLARITY bill passing has increased from 35-45% to 50-60%? Currently, the biggest obstacle is the dispute over the DeFi clause, right? The banking faction's view: DeFi platforms should register, apply for licenses, and undergo compliance reviews just like 
  - **lyhalfway** (2026-05-02T01:32:44.000Z): This controversy is not as difficult to resolve as stablecoin yield generation. As long as we can see the markup schedule next week and the normal review can proceed in the second week, that would be 
  - **探险家Grit** (2026-05-02T01:34:17.000Z): Okay, okay, thanks uncle 😉
- **rechenhh · 2026-05-02T00:19:33.000Z · 👍 1**: Wait patiently ⌛️
- **Shikuo Xu · 2026-05-02T00:17:23.000Z · 👍 5**: Okay, Uncle, I'm going to check the original text now. Keep an eye on the Senate hearing plan.