The Senate's Clarity Act compromise language bars stablecoin issuers from offering interest-like yield on reserves but allows activity-based reward incentives, balancing concerns of bank lobbyists and crypto firms. It specifically prevents firms such as Circle Internet Group from paying deposit-style yields while aligning stablecoins with traditional financial regulations.

Coinbase Global publicly signaled support for the compromise, seeing preserved activity programs as essential for user engagement on its trading and custody platforms. Banks had argued that stablecoin yield would draw deposits from interest-bearing savings accounts, but the compromise should alleviate bank resistance while maintaining crypto incentives.

Following the Senate Banking Committee review, the U.S. Treasury and CFTC will have one year post-enactment to draft detailed rules defining permissible stablecoin activities. This timeline sets a clear regulatory roadmap for cryptocurrency firms to develop products compliant with federal guidelines.