Why 140 of the Biggest Companies Are Betting Against the Clarity Act
Why 140 of the biggest companies are betting against the Clarity Act The new OpenUSD consortium lets the 140 companies using it keep the float revenue instead of the issuer. The Genius Act bans issuers from passing yield to customers, but third parties like these can still keep it. If the Clarity Act passes, that loophole closes, so 140 of the biggest companies on earth are effectively betting it won't. #Stablecoins #OpenUSD #Crypto #ClarityAct #Bitcoin
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