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Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
coindesk.com·about 2 hours ago
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about 1 hour ago
Senate moves and books dry up fast, stablecoin pairs gonna gap weird before anyone stateside wakes up.
Banks suddenly care about stablecoin yields right when legislation is about to pass, that's not adoption, that's lobbying in disguise.
nah banks jumping in right before a vote is actually bullish signal, they don't lobby into things they think are gonna die, they lobby into things they know are gonna print. this is them positioning, not blocking.