2026-04-06 20:05:47

#GateSquareAprilPostingChallenge

Great news! Indeed, the debate over interest rates on stablecoins is key. If they allow users to earn income (—even just for activity)—it will kill the main argument of banks and make USDC a real alternative to deposits. However, the delay in the White House report is concerning: if the conclusions favor crypto, why are they silent? Maybe they’re waiting for the negotiations to conclude so they can strike simultaneously. The main risk is not to act before the elections. But the fact that the parties have sat down at the table is already a victory. Thanks for the clear picture!

https://www.gate.com/en/announcements/article/50520

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KatyPaty

2026-04-06 19:51:40

#GateSquareAprilPostingChallenge The crypto community is currently actively discussing the CLARITY Act(The Digital Asset Market Clarity Act) and the related high-profile GENIUS Act. Let’s break down what this means in simple terms and why the situation could change as early as May.

📜 What’s happening in the USA

Currently, the Congress has on the table the CLARITY Act, which aims to solve the main issue of recent years: to definitively determine which crypto assets are considered securities (SEC) and which are commodities (CFTC). Its discussion in the Senate committee is scheduled for the end of April. This is a big step forward because the previous version of the law (GENIUS Act) mainly regulated stablecoins, while CLARITY covers the entire industry.

🔥 Main dispute: who will get the income from stablecoins?

The main disagreement revolves around the question: can crypto companies pay holders of stablecoins interest (for example, 4–5% annually), similar to bank deposit interest?

· Crypto industry position: Interest income from reserves (such as treasury bonds) should go to users, not line the pockets of bankers. A complete ban would deal a blow to key business models and innovation.
· Traditional banks’ position: Creating a “shadow banking system” by crypto platforms poses a threat to the US economy. According to analysts, stablecoins could withdraw from banks between $500 trillions and $6.6 trillion(, undermining lending.

⚖️ Where a compromise is being sought

The parties are actively negotiating and close to a deal. It’s being discussed to ban passive income )just for holding USDC in a wallet(, but to allow rewards for specific activities )such as staking or using in transactions(.

The probability of the law passing this year is estimated at about 64% )up from 40% at the beginning of the year, which is seen as a positive signal.

📑 Unpublished White House report

A separate surprise is being prepared by the White House. For several months, a secret report from the Council of Economic Advisers on the impact of stablecoins on banks has been in the works. According to insiders, its findings are unexpectedly in favor of the crypto industry: stablecoins do not destroy banks but create opportunities for cooperation and influx of new money into the financial system.

🚀 What’s next?

If the CLARITY Act is passed before the 2026 summer elections, the focus will shift to regulation of DeFi, tokenization, and token classification. Some major players already predict that passing the law will become a powerful “second-season catalyst” and attract institutional money in the second half of 2026.

💎 Impact for crypto investors

We are on the verge of one of the most significant regulatory events in the history of cryptocurrencies. If everything goes according to plan, the US will finally have clear rules of the game, which should boost market confidence.

The only question now is whether lawmakers will manage to agree before the elections. Only a few weeks remain until May. Stay tuned!

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