PANews reported on April 6th that, according to Cryptoinamerica, the core disagreement between the US crypto and banking sectors regarding stablecoin yield mechanisms may be nearing a resolution. Multiple sources familiar with the matter revealed that the two sides have begun a new round of communication regarding a proposed compromise, and while details have not yet been disclosed, the overall outlook is optimistic.

The current point of contention lies in how to provide stablecoin holders with yield or reward mechanisms without triggering an outflow of bank deposits. A previous draft bill pushed by senators had drawn criticism from the industry, with institutions including Coinbase and Stripe expressing concerns.

The much-anticipated Clarity Act is expected to enter the committee review stage in late April. If the yield issue is resolved, the legislative focus will shift to remaining issues such as DeFi, tokenization, and token classification.

Furthermore, a White House research report on stablecoin yields and their impact on the banking system has yet to be released. The report is said to generally favor the crypto industry, and the reason for the delay is unclear.